Padrino Childrens Foundation Inc

Analysis

Padrino Childrens Foundation Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 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, Padrino Childrens Foundation Inc reported income of $711k and spending of $392k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $711k (+203%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Padrino Childrens Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include CVS Health Employee Relief Fund ($711k), The Fatherless Foundation Inc ($711k) and Freedom Gates Boys Ranch Inc ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. It paid $2,530 in professional fundraising fees. At year end it held assets of $980k against liabilities of $6,569, net assets of $973k.