The Childrens Clinic Serving Children and Their Families

Analysis

The Childrens Clinic Serving Children and Their Families is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in April 1941, 85 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, The Childrens Clinic Serving Children and Their Families reported income of $45.7m and spending of $47.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.4m to $45.7m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Childrens Clinic Serving Children and Their Families sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Post Graduate Center for Mental Health ($45.7m), National Association of Childrens Hospital and Related Institutions ($45.7m) and Sir Mortimer B Davis Jewish General Hospital ($45.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.5m (3.1% of expenses). Other salaries and wages came to $26.4m. At year end it held assets of $53.9m against liabilities of $24.9m, net assets of $29.0m. It reported 459 employees.