Childrens Home Society of Florida

Analysis

Childrens Home Society of Florida is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1941, 85 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 June 2023, Childrens Home Society of Florida reported income of $82.6m and spending of $91.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $108.6m to $82.6m (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society of Florida sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Westminster-Canterbury Corporation ($82.6m), YMCA of Metropolitan Chicago ($82.8m) and John Knox Village of Florida Inc ($82.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $2.0m (2.1% of expenses). Other salaries and wages came to $53.3m. At year end it held assets of $78.0m against liabilities of $22.1m, net assets of $55.9m. It reported 1,713 employees.