Childrens Welfare and Development Fund Inc

Analysis

Childrens Welfare and Development Fund Inc is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Childrens Welfare and Development Fund Inc reported income of $195k and spending of $245k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $241k to $195k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Welfare and Development Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Crestwood Club Inc ($195k), Payne Hollow on the Ohio Inc ($195k) and Our Afterlife Foundation Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.