Childrens Funding Project

Analysis

Childrens Funding Project is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2020, 6 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, Childrens Funding Project reported income of $5.6m and spending of $3.7m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $5.6m (+2104%), an average of +117% a year. The sharpest change came in the year to December 2021, when income rose by 381%. Over the whole period it spent 60% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Childrens Funding Project sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Institute for Applied Tinkering ($5.5m), Jewish Big Brothers Big Sisters Association of Los Angeles ($5.6m) and Gro Community ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $227k (6.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.9m against liabilities of $52k, net assets of $5.9m. It reported 29 employees.