Childrens Initiative

Analysis

Childrens Initiative is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Childrens Initiative reported income of $5.0m and spending of $4.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $5.0m (+156%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Initiative sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Childrens Legal Services of San Diego ($5.0m), Salem Community Foundation Inc ($5.0m) and Friends of the Mission ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $180k (3.8% of expenses). Other salaries and wages came to $836k. At year end it held assets of $4.3m against liabilities of $629k, net assets of $3.7m. It reported 22 employees.