Childrens Resource Fund Inc

Analysis

Childrens Resource Fund Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 1987, 39 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 June 2023, Childrens Resource Fund Inc reported income of $1.7m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.7m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Resource Fund Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Page Ahead Childrens Literacy PRGM ($1.7m), Denver Public Library Friends Foundation ($1.7m) and Mark Twain Library Assn Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $109k (6.1% of expenses). Other salaries and wages came to $998k. At year end it held assets of $5.4m against liabilities of $193k, net assets of $5.2m. It reported 33 employees.