The Childrens Place at Home Safe Inc

Analysis

The Childrens Place at Home Safe Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in August 2005, 21 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, The Childrens Place at Home Safe Inc reported income of $14.1m and spending of $12.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $14.1m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Childrens Place at Home Safe Inc sits at the 96th percentile: it is larger than about 96% 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 Thornwell ($14.1m), Shelter Box USA ($14.1m) and Hospice of El Paso Inc ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $912k (7.5% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $31.7m against liabilities of $1.5m, net assets of $30.3m. It reported 194 employees.