Childrens Home of Wheeling

Analysis

Childrens Home of Wheeling is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in October 1942, 84 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, Childrens Home of Wheeling reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.8m (+38%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 36%. 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 Home of Wheeling sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WV. Charities of a similar size with the same main cause include Sparc Philadelphia ($1.8m), Hopewell Valley YMCA ($1.8m) and Happy Acres Childrens Home ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $630k. At year end it held assets of $7.5m against liabilities of $2.0m, net assets of $5.5m. It reported 36 employees.