Childrens Place Association

Analysis

Childrens Place Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. 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 2023, Childrens Place Association reported income of $1.3m and spending of $1.9m, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.3m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Place Association sits at the 81st 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 81st percentile within IL. Charities of a similar size with the same main cause include Cardwell Foundation ($1.3m), Virginia Section of the American Water Works Association Inc ($1.3m) and Rosemount Area Athletic Association Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 30% of the total. Other salaries and wages came to $866k. At year end it held assets of $10.6m against liabilities of $368k, net assets of $10.3m. It reported 76 employees.