The Childrens Place Inc

Analysis

The Childrens Place Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, The Childrens Place Inc reported income of $5.4m and spending of $5.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.6m to $5.4m (-44%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 361%. Over the whole period it spent 46% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, The Childrens Place Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Equal Justice USA Inc ($5.4m), Bold Training Institute Inc ($5.4m) and Justice Systems Partners ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $135k (2.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $29.6m against liabilities of $724k, net assets of $28.9m. It reported 63 employees.