Connie Maxwell Childrens Home

Analysis

Connie Maxwell Childrens Home is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in August 1934, 92 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 September 2023, Connie Maxwell Childrens Home reported income of $18.8m and spending of $13.3m, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.8m to $18.8m (+91%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connie Maxwell Childrens Home sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Community Action Program of Evansville and Vanderburgh County ($18.8m), Frontstream Global Fund ($18.8m) and Communitas Inc ($18.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $433k (3.2% of expenses). Other salaries and wages came to $5.5m. It paid $145k in professional fundraising fees. At year end it held assets of $124.2m against liabilities of $2.6m, net assets of $121.6m. It reported 152 employees.