Companions for Childrens Inc

Analysis

Companions for Childrens Inc is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Companions for Childrens Inc reported income of $417k and spending of $363k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $148k to $417k (+181%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Companions for Childrens Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within ND. Charities of a similar size with the same main cause include Naperville Soccer Association Inc ($416k), Take a Kid Hunting Foundation Inc ($417k) and G Road ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. Compensation of current officers, directors and key employees was $89k (25% of expenses). Other salaries and wages came to $122k. At year end it held assets of $380k against liabilities of $12k, net assets of $368k. It reported 11 employees.