Searcy Childrens Home Inc

Analysis

Searcy Childrens Home Inc is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Searcy Childrens Home Inc reported income of $247k and spending of $276k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $411k to $247k (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Searcy Childrens Home Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AR. Charities of a similar size with the same main cause include Committee of Methadone Program Administrators Inc-Compa ($247k), United Way of Pontiac ($247k) and Deer Park Community Volunteer Fire Department Incorporated ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $132k. At year end it held assets of $837k against liabilities of $34k, net assets of $803k. It reported 7 employees.