Childserve Homes Inc

Analysis

Childserve Homes Inc is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childserve Homes Inc reported income of $12.5m and spending of $12.9m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.1m to $12.5m (+24%), an average of +7.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childserve Homes 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 Boy Scouts of America ($12.5m), Queens College Foundation Inc ($12.5m) and Campbell Institute ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $7.8m. At year end it held assets of $6.2m against liabilities of $7.1m, net assets of -$905k. It reported 209 employees.