Children Now

Analysis

Children Now is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 1993, 33 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, Children Now reported income of $5.3m and spending of $7.9m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.8m to $5.3m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children Now sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Carelink Corporation ($5.3m), Center for Early Success ($5.3m) and Project Rescue Foundation ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $644k (8.2% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $13.6m against liabilities of $1.9m, net assets of $11.7m. It reported 53 employees.