Spaulding for Children Dba Arms Wide

Analysis

Spaulding for Children Dba Arms Wide is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1981, 45 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 December 2023, Spaulding for Children Dba Arms Wide reported income of $4.2m and spending of $3.9m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.2m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spaulding for Children Dba Arms Wide sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Puerto Rican Association for Human Development Incorporated ($4.2m), Newark Senior Center Inc ($4.2m) and Womens League Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $149k (3.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.4m against liabilities of $871k, net assets of $2.6m.