Child Poverty Action Lab

Analysis

Child Poverty Action Lab is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2016, 10 years ago. 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, Child Poverty Action Lab reported income of $10.7m and spending of $8.3m, leaving 22% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $10.7m (+794%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Poverty Action Lab sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include YMCA of Foothills ($10.7m), Healthaccess Inc ($10.7m) and Young Mens Christian Association of Olean Ny and Bradford Pa ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $330k (4.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $20.0m against liabilities of $1.1m, net assets of $18.9m. It reported 25 employees.