The Charitable Childrens Fund of America Inc

Analysis

The Charitable Childrens Fund of America Inc is a registered charity in United States, based in Havelock, NC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, The Charitable Childrens Fund of America Inc reported income of $254k and spending of $342k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $254k (+163%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 244%. Over the whole period it spent 216% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Charitable Childrens Fund of America Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Great and Small Inc ($254k), Keys Learning Center Inc ($254k) and Mali Rising Foundation ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. Compensation of current officers, directors and key employees was $197k (57% of expenses). Other salaries and wages came to $27k. At year end it held assets of $828k against liabilities of $43k, net assets of $785k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.