For the Children Inc

Analysis

For the Children Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, For the Children Inc reported income of $2.9m and spending of $1.8m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.9m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, For the Children Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Nations of Coaches Inc ($2.9m), Boys & Girls Clubs of Acadiana Inc ($2.9m) and Homeless Youth Connection Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $140k (7.7% of expenses). Other salaries and wages came to $809k. At year end it held assets of $3.6m against liabilities of $228k, net assets of $3.3m. It reported 70 employees.