Child Life Council Inc

Analysis

Child Life Council Inc is a registered charity in United States, based in Greenbelt, MD. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 December 2023, Child Life Council Inc reported income of $2.0m and spending of $2.4m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.0m (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Life Council Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Hill & Dale Family Learning Center ($2.0m), United Way of Norman Inc ($2.0m) and Dayspring Christian Academy Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $376k (15% of expenses). Other salaries and wages came to $481k. At year end it held assets of $2.3m against liabilities of $542k, net assets of $1.7m. It reported 18 employees.