Child & Family Services of Eastern Virginia Inc

Analysis

Child & Family Services of Eastern Virginia Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in September 1972, 54 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, Child & Family Services of Eastern Virginia Inc reported income of $16.9m and spending of $16.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.3m to $16.9m (+26%), an average of +6.0% a year. 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, Child & Family Services of Eastern Virginia Inc 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 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Northeast Kentucky Community Action Agency Inc ($16.9m), Labor Community Services Program of Los Angeles ($16.9m) and Highland School Inc ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $228k (1.4% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $7.5m against liabilities of $4.8m, net assets of $2.7m. It reported 163 employees.