Child Inc

Analysis

Child Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Child Inc reported income of $16.4m and spending of $15.8m, spending 96% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $24.0m to $16.4m (-32%), an average of -9.1% a year. The sharpest change came in the year to April 2022, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Child Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Cristo Rey San Jose High School ($16.4m), Careerwise Colorado ($16.4m) and Staten Island Academy ($16.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $142k (0.9% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $6.5m against liabilities of $2.9m, net assets of $3.6m. It reported 255 employees.