Childrens Chain

Analysis

Childrens Chain is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Childrens Chain reported income of $214k and spending of $200k, spending 94% of its income. Across the 3 years on record, from February 2020 to February 2023, income grew from $129k to $214k (+66%), an average of +29% a year. The sharpest change came in the year to February 2022, when income rose by 72%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Chain sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Reeths Puffer Band Parents Inc ($214k), Power of Hope Foundation ($214k) and Teddi Projects Inc ($214k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $550. At year end it held assets of $24k against liabilities of $0, net assets of $24k.