The Children Are Our Future

Analysis

The Children Are Our Future is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in May 1996, 30 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, The Children Are Our Future reported income of $388k and spending of $393k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $425k to $388k (-8.7%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Children Are Our Future sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Stay-Focused Inc ($388k), The Club Lunenburg Teen Center Inc ($388k) and The Holy Family of Sisters of the Needy ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $6,000 (1.5% of expenses). Other salaries and wages came to $6,000. At year end it held assets of $26k against liabilities of $0, net assets of $26k. It reported 4 employees.