Fort Worth Cradle to Career

Analysis

Fort Worth Cradle to Career is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 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 June 2024, Fort Worth Cradle to Career reported income of $4.1m and spending of $7.1m, spending 174% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $90k to $4.1m (+4468%), an average of +160% a year. The sharpest change came in the year to June 2021, when income rose by 3157%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fort Worth Cradle to Career sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Experience Camps ($4.1m), Bridgeway House ($4.1m) and Boy Scouts of America ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $1.1m (15% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $3.5m against liabilities of $1.2m, net assets of $2.3m. It reported 66 employees.