Childrens Services Inc

Analysis

Childrens Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 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 Services Inc reported income of $208k and spending of $193k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $174k to $208k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Services Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Bread for Life Ministries ($208k), Connectability Inc ($208k) and Anderson House Pregnancy Resource Center ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $144k. At year end it held assets of $38k against liabilities of $746, net assets of $37k. It reported 3 employees.