Helping Children Worldwide Inc

Analysis

Helping Children Worldwide Inc is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Helping Children Worldwide Inc reported income of $1.1m and spending of $1.3m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Helping Children Worldwide Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Central Gulf Coast Inc ($1.1m), Corvallis Lions Youth Activities Fund ($1.1m) and Youth Development Network ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $112k (8.9% of expenses). Other salaries and wages came to $342k. At year end it held assets of $568k against liabilities of $65k, net assets of $503k. It reported 9 employees.