Childrens Choice of Maryland Inc

Analysis

Childrens Choice of Maryland Inc is a registered charity in United States, based in Bellmawr, NJ. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Choice of Maryland Inc reported income of $4.7m and spending of $4.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $4.7m (+7.2%), an average of +1.8% a year. The sharpest change came in the year to June 2020, 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, Childrens Choice of Maryland Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Texas Baptist Home for Children ($4.7m), Solid Ground ($4.7m) and Young Mens Christian Association Tri Cities ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $141k (3.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.8m against liabilities of $334k, net assets of $1.5m. It reported 33 employees.