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Childrens Home Society Foundation Inc

RegisteredEIN 58-1368919Greensboro, NCPoverty relief
Income$800k2024-06
Spending$75ksame year
Spent / received3.1%5-year average
Size in its cause72nd pctPoverty relief
Exempt since1979Supporting organisation
Employees0latest return

Analysis

Childrens Home Society Foundation Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Childrens Home Society Foundation Inc reported income of $800k and spending of $75k, leaving 91% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $550k to $800k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 221%. Over the whole period it spent 3.1% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Adrn Thrift Store Inc ($799k), Panhandle Partnership for Health and Human Services ($800k) and Aging Services for Communities ($799k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $26.0m against liabilities of $114k, net assets of $25.9m.

Income and spending

$0$1.3m$2.6m$3.9m$5.2m2020 Income: $549,9162020 Spending: $44,38320202021 Income: $1,766,3802021 Spending: $47,39420212022 Income: $5,162,0042022 Spending: $54,16420222023 Income: $453,3322023 Spending: $50,69820232024 Income: $799,6202024 Spending: $74,5762024
IncomeSpending

Where the income comes from

  • Contributions & grants 1.7%
  • Other 98%

Similar-sized charities, same cause

CharityLocationIncome
Adrn Thrift Store IncAustin$799k
Panhandle Partnership for Health and Human ServicesScottsbluff$800k
Aging Services for CommunitiesMontgomery$799k
Minnesota Coalition for the Homeless IncSaint Paul$800k