Perfection Children Services

Analysis

Perfection Children Services is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Perfection Children Services reported income of $319k and spending of $325k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $319k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Perfection Children Services sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Partners 4 New Hope Inc ($319k), Caring Hand for Children ($319k) and Crisis Food Center Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 82% of the total. Compensation of current officers, directors and key employees was $57k (18% of expenses). Other salaries and wages came to $1,050. At year end it held assets of $26k against liabilities of $24k, net assets of $2,197. It reported 2 employees.