Calvary Home for Children

Analysis

Calvary Home for Children is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in October 1998, 28 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 December 2022, Calvary Home for Children reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.2m to $1.0m (-13%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Calvary Home for Children sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Studio Ten Ministries Inc ($1.0m), Booker T Washington Center Incorporated ($1.0m) and Lamor Village Emergency Shelter ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $103k (9.5% of expenses). Other salaries and wages came to $407k. At year end it held assets of $5.6m against liabilities of $15k, net assets of $5.6m. It reported 17 employees.