Childrens Home Foundation

Analysis

Childrens Home Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Home Foundation reported income of $9.1m and spending of $13.7m, spending 150% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $61.2m to $9.1m (-85%), an average of -38% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Marthas Village and Kitchen Inc ($9.1m), Minnesota River Area Agency on Aging Inc ($9.1m) and Pinebrook Family Answers ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $336k (2.4% of expenses). Other salaries and wages came to $717k. At year end it held assets of $156.2m against liabilities of $4.9m, net assets of $151.3m. It reported 9 employees.