The Childrens Center

Analysis

The Childrens Center is a registered charity in United States, based in Franklin, VA. It received its IRS tax-exemption ruling in January 1984, 42 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 2024, The Childrens Center reported income of $13.8m and spending of $13.6m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.6m to $13.8m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Childrens Center 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 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Ascension Living Via Christi Village Ridge ($13.8m), Christian Retirement Homes Inc ($13.8m) and Center for Human Development Inc ($13.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $179k (1.3% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $4.0m against liabilities of $850k, net assets of $3.1m. It reported 232 employees.