Childrens Place Inc

Analysis

Childrens Place Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1996, 30 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, Childrens Place Inc reported income of $519k and spending of $493k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $519k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Place Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include Equine Dreams ($519k), Ark Community Resource & Assistance Center ($519k) and Anishinaabe Agriculture Institute ($519k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $118k (24% of expenses). Other salaries and wages came to $227k. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 17 employees.