Childrens Welfare League Inc

Analysis

Childrens Welfare League Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in November 1953, 73 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 Welfare League Inc reported income of $277k and spending of $265k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $117k to $277k (+137%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Welfare League Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Men of Armor Inc ($277k), Loveone ($277k) and Elderday Center Inc ($277k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $429k against liabilities of $0, net assets of $429k.