Childrens Harbor Endowment Fund

Analysis

Childrens Harbor Endowment Fund is a registered charity in United States, based in Eclectic, AL. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childrens Harbor Endowment Fund reported income of $1.0m and spending of $88k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $1.0m (+128%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 247%. Over the whole period it spent 15% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Harbor Endowment Fund 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 80th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Good Samaritan Network of Hamiltoncounty Inc ($1.0m), Blind Vietnamese Children Foundation ($1.0m) and Rice County Community Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $8.7m against liabilities of $0, net assets of $8.7m.