Children and Family Enrichment at Idlewild

Analysis

Children and Family Enrichment at Idlewild is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Children and Family Enrichment at Idlewild reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $721k to $1.4m (+89%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children and Family Enrichment at Idlewild sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Setda ($1.4m), Hilltop Artists in Residence Program ($1.4m) and Universal Education Companies Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $108k (9.1% of expenses). Other salaries and wages came to $689k. At year end it held assets of $1.2m against liabilities of $540k, net assets of $623k. It reported 49 employees.