Child Inc

Analysis

Child Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in September 1964, 62 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, Child Inc reported income of $6.7m and spending of $6.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $6.7m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within DE. Charities of a similar size with the same main cause include Food Bank of El Dorado County ($6.7m), Resource Connections Incorporated ($6.7m) and Mid-Bronx CCRP Early Childhood Center Inc ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $195k (3.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $11.6m against liabilities of $237k, net assets of $11.4m. It reported 159 employees.