Children of Incarcerated Caregivers

Analysis

Children of Incarcerated Caregivers is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2015, 11 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, Children of Incarcerated Caregivers reported income of $134k and spending of $153k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $134k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children of Incarcerated Caregivers sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Pride Collective & Community Center ($134k), Chance Foundation Inc ($135k) and Mai Movement Hawaii Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $15k against liabilities of $8,688, net assets of $5,986.