Childrens Beach House Inc

Analysis

Childrens Beach House Inc is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in September 1946, 80 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 September 2023, Childrens Beach House Inc reported income of $4.1m and spending of $3.3m, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $4.1m (+67%), an average of +14% a year. The sharpest change came in the year to September 2020, when income rose by 72%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Beach House Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within DE. Charities of a similar size with the same main cause include Judah Christian High School ($4.1m), Redding STEM Academy ($4.1m) and Hershey Montessori School ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $174k (5.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $14.0m against liabilities of $655k, net assets of $13.3m. It reported 76 employees.