Presbyterian Childrens Homes and Services

Analysis

Presbyterian Childrens Homes and Services is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1946, 80 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, Presbyterian Childrens Homes and Services reported income of $27.2m and spending of $25.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.8m to $27.2m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Childrens Homes and Services 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 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Bristol Bay Native Association Inc ($27.2m), Cal Farleys Boys Ranch Foundation ($27.2m) and Downtown Womens Center ($27.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $1.7m (6.9% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $174.8m against liabilities of $3.8m, net assets of $171.0m. It reported 479 employees.