Childrens Burn Foundation

Analysis

Childrens Burn Foundation is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in May 1985, 41 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 Burn Foundation reported income of $3.3m and spending of $3.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 66%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Burn Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Hope Ignites Northeastern Ohio ($3.3m), Agape Unlimited ($3.3m) and Harmony Community Healthcare Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $252k (8.2% of expenses). Other salaries and wages came to $337k. At year end it held assets of $8.1m against liabilities of $277k, net assets of $7.8m. It reported 16 employees.