The Childrens Center Endowment Trust

Analysis

The Childrens Center Endowment Trust is a registered charity in United States, based in West Valley City, UT. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Childrens Center Endowment Trust reported income of $228k and spending of $47k, leaving 80% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $502k to $228k (-55%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Childrens Center Endowment Trust sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within UT. Charities of a similar size with the same main cause include Unity Volunteer Fire Dept ($228k), Seattle Childrens Hospital ($228k) and Chippewa Partners Inc ($228k).

At year end it held assets of $9.0m against liabilities of $0, net assets of $9.0m.