Children First Inc

Analysis

Children First Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Children First Inc reported income of $13.8m and spending of $13.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $13.8m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children First Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Elmwood Franklin School Inc ($13.8m), University of New Orleans Foundation ($13.8m) and California Virtual Academy-San ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $316k (2.3% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $8.8m against liabilities of $1.8m, net assets of $7.1m. It reported 213 employees.