Naples Children Foundation Inc

Analysis

Naples Children Foundation Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in June 2007, 19 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 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, Naples Children Foundation Inc reported income of $31.3m and spending of $22.5m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.0m to $31.3m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Naples Children Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Mile High United Way Inc ($31.2m), Giving Back Fund Inc ($31.6m) and Jewish Federation of Cincinnati ($31.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $865k (3.8% of expenses). Other salaries and wages came to $929k. At year end it held assets of $84.2m against liabilities of $21.1m, net assets of $63.1m. It reported 18 employees.