Childserve Therapy Inc

Analysis

Childserve Therapy Inc is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in January 1956, 70 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childserve Therapy Inc reported income of $12.8m and spending of $12.8m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.4m to $12.8m (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childserve Therapy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Metro New York and Western New York ($12.8m), St Cloud Area Family YMCA ($12.8m) and Sparc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 93% of the total. Other salaries and wages came to $8.6m. At year end it held assets of $5.3m against liabilities of $1.0m, net assets of $4.3m. It reported 195 employees.