Childnet Youth and Family Services Inc

Analysis

Childnet Youth and Family Services Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 1972, 54 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 June 2023, Childnet Youth and Family Services Inc reported income of $35.8m and spending of $34.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.4m to $35.8m (+3.9%), an average of +1.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childnet Youth and Family Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Lycoming-Clinton Counties Commission for Community Action ($35.7m), The Ounce of Prevention Fund of Florida Inc ($35.8m) and Upper Valley Services Inc ($35.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $1.7m (4.9% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $44.7m against liabilities of $17.1m, net assets of $27.6m. It reported 391 employees.