The Childrens Home Inc

Analysis

The Childrens Home Inc is a registered charity in United States, based in Catonsville, MD. It received its IRS tax-exemption ruling in February 1935, 91 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 June 2023, The Childrens Home Inc reported income of $5.5m and spending of $6.5m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $5.5m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Childrens Home 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 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Child Care and Nutrition Inc ($5.5m), The Arc Macon Inc ($5.5m) and Community Cooperative Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $257k (3.9% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $11.6m against liabilities of $384k, net assets of $11.2m. It reported 95 employees.