Children in Need Foundation

Analysis

Children in Need Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Children in Need Foundation reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $124k to $1.3m (+927%), an average of +79% a year. The sharpest change came in the year to June 2023, when income rose by 365%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Children in Need Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include We All Rise African American Resource Center Inc ($1.3m), Malden Public Library ($1.3m) and Hope and a Home-Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $964k against liabilities of $166, net assets of $964k.