Children of the World Inc

Analysis

Children of the World Inc is a registered charity in United States, based in Fairhope, AL. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 of the World Inc reported income of $315k and spending of $359k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $780k to $315k (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. 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, Children of the World Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Care Train of Union County ($315k), Rideability Therapeutic Riding Center Inc ($315k) and Learning Land Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $53k (15% of expenses). Other salaries and wages came to $97k. At year end it held assets of $475k against liabilities of $21k, net assets of $454k. It reported 9 employees.