Childrens Workshop Foundation

Analysis

Childrens Workshop Foundation is a registered charity in United States, based in Central Falls, RI. It received its IRS tax-exemption ruling in September 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Workshop Foundation reported income of $8.0m and spending of $8.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $395k to $8.0m (+1919%), an average of +112% a year. The sharpest change came in the year to June 2021, when income rose by 2431%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Childrens Workshop Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within RI. Charities of a similar size with the same main cause include Son of a Saint ($8.0m), Boy Scouts of America ($8.0m) and Youth Era ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $2.9m against liabilities of $1.1m, net assets of $1.8m. It reported 192 employees.