Cherish Our Children Inc
Analysis
Cherish Our Children Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Cherish Our Children Inc reported income of $455k and spending of $398k, spending 88% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $427k to $455k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 90% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cherish Our Children Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Brackett Foundation ($454k), Kelly Green Global Inc ($455k) and Reaching Unreached Nations International ($454k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $20k (5.0% of expenses). Other salaries and wages came to $57k. At year end it held assets of $440k against liabilities of $151k, net assets of $289k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brackett Foundation | Hamilton | $454k |
| Kelly Green Global Inc | Brandon | $455k |
| Reaching Unreached Nations International | Walnut Shade | $454k |
| African Cultural Services Inc | Waltham | $455k |