African American Child Wellness Institute Inc

Analysis

African American Child Wellness Institute Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, African American Child Wellness Institute Inc reported income of $2.7m and spending of $2.2m, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $829k to $2.7m (+224%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, African American Child Wellness Institute Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Rehabilitation Center for Children and Adults ($2.7m), Ronald McDonald House Charities of Richmond Va Inc ($2.7m) and Living Alternatives Pregnancy Resource Center ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $434k (20% of expenses). Other salaries and wages came to $867k. At year end it held assets of $978k against liabilities of $2,875, net assets of $975k. It reported 11 employees.