Childrens Aid Club

Analysis

Childrens Aid Club is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in November 1958, 68 years ago. 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 July 2024, Childrens Aid Club reported income of $285k and spending of $337k, spending 118% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $209k to $285k (+36%), an average of +6.4% a year. The sharpest change came in the year to July 2023, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Aid Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Share Care Faith in Action ($285k), Larimore Is Church of the Nazarene ($285k) and Pennsylvania Mountains Healthcare Resource Development ($285k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $437k against liabilities of $10k, net assets of $427k.