Serving Children and Adults in Need Inc

Analysis

Serving Children and Adults in Need Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 August 2023, Serving Children and Adults in Need Inc reported income of $16.5m and spending of $15.5m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $12.2m to $16.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Serving Children and Adults in Need 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 97th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Legal Services NYC ($16.4m), The Asian American Foundation ($16.6m) and Land of Lincoln Legal Assistance Foundation ($16.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $549k (3.5% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $7.6m against liabilities of $905k, net assets of $6.7m. It reported 315 employees.