Childrens Home Society of West Virginia

Analysis

Childrens Home Society of West Virginia is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in October 1936, 90 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 Society of West Virginia reported income of $31.7m and spending of $27.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.8m to $31.7m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society of West Virginia sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WV. Charities of a similar size with the same main cause include Delta Community Supports Inc ($31.7m), Kennedy-Donovan Center Inc ($31.8m) and Marc Community Resources Inc ($31.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $310k (1.1% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $25.2m against liabilities of $3.7m, net assets of $21.5m. It reported 612 employees.