Childs Place

Analysis

Childs Place is a registered charity in United States, based in Redwood Falls, MN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Childs Place reported income of $301k and spending of $304k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $44k to $301k (+579%), an average of +89% a year. The sharpest change came in the year to December 2021, when income rose by 398%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childs Place sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Fideicomiso de Tierras Comunitarias Para LA Agricultura Sostenible ($301k), Real Services Housing Inc ($301k) and Thrive Together Today Inc ($301k).

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 $75k (25% of expenses). Other salaries and wages came to $132k. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 4 employees.