Childrens Home Inc

Analysis

Childrens Home Inc is a registered charity in United States, based in Paragould, AR. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Childrens Home Inc reported income of $5.5m and spending of $3.9m, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.5m to $5.5m (+59%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AR. Charities of a similar size with the same main cause include Five Star Industries Inc ($5.5m), Ability Center of Greater Toledo ($5.5m) and Hunger Free Colorado ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $118k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $14.5m against liabilities of $702k, net assets of $13.8m. It reported 45 employees.