Childrens Home Foundation Inc
Childrens Home Foundation Inc. maintains strong asset growth and zero liabilities with consistently low reported expenses.
EIN: 200038024 · Tampa, FL · NTEE: P300 · Updated: 2026-03-28
Is Childrens Home Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens Home Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens Home Foundation Inc
Childrens Home Foundation Inc (EIN: 200038024) is a nonprofit organization based in Tampa, FL, classified under NTEE code P300. The organization reported total revenue of $6.9M and total assets of $28.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Home Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Home Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $66K |
| Surplus / Deficit | +$2.1M |
| Total Assets | $24.9M |
| Net Assets | $24.9M |
| Operating Margin | 96.9% |
| Months of Reserves | 4524.6 months |
Financial Health Grade: A
In 2023, Childrens Home Foundation Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 4524.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Childrens Home Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | -84.4% | +12.7% |
| 2022 | +17.2% | -49.1% | -11.9% |
| 2021 | +39.1% | -8.7% | +21.0% |
| 2020 | +20.5% | +5.7% | -0.2% |
| 2019 | -27.3% | +12.1% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Childrens Home Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Childrens Home Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.1M, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a fully volunteer executive team or that compensation is managed and reported by a separate, related entity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Childrens Home Foundation Inc's IRS 990 filings:
- Very low reported expenses in some years (e.g., $66,115 in 2023) could indicate that the full scope of operational spending is not captured or is handled by a related entity, potentially obscuring true spending efficiency.
- Consistent 0% officer compensation across all filings, while positive for donor perception, could also suggest that executive compensation is paid by a related entity, which would require further investigation for complete transparency.
Strengths
The following positive indicators were identified for Childrens Home Foundation Inc:
- Consistent and significant asset growth, from $17,609,407 in 2014 to $28,144,754 in the latest period, demonstrating strong financial management.
- Zero reported liabilities across all available filings, indicating exceptional financial stability and no debt burden.
- History of very low reported expenses in many years, suggesting highly efficient operations or a focus on endowment management/grant-making.
- No reported officer compensation, which can be a strong indicator of volunteer leadership or highly cost-conscious governance.
- Consistent IRS 990 filing history over 13 periods, demonstrating good transparency and compliance.
Frequently Asked Questions about Childrens Home Foundation Inc
Is Childrens Home Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Home Foundation Inc (EIN: 200038024) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Childrens Home Foundation Inc spend its money?
Childrens Home Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Childrens Home Foundation Inc tax-deductible?
Childrens Home Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200038024). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Childrens Home Foundation Inc. a good charity?
Based on the available data, Childrens Home Foundation Inc. appears to be a financially sound organization with strong asset growth, zero liabilities, and a history of very low reported expenses, indicating efficient operations. The lack of reported officer compensation is also a positive sign for donor confidence.
Why are the expenses so low in some years?
The reported expenses are notably low in several years (e.g., $66,115 in 2023, $80,463 in 2017). This could indicate that the foundation primarily acts as a grant-making or endowment-holding entity, with program delivery and associated operational costs potentially handled by a separate, related operating entity, or that they have exceptionally lean operations.
How does the organization fund its mission without officer compensation?
The consistent reporting of 0% officer compensation suggests that the executive leadership may be entirely volunteer-based, or that their compensation is paid by a related organization, which would not be reflected in these specific filings.
Filing History
IRS 990 filing history for Childrens Home Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Childrens Home Foundation Inc's revenue has grown by 17.9%, moving from $1.8M to $2.1M. Total assets increased by 71.2% over the same period, from $14.6M to $24.9M. Total functional expenses fell by 93.7%, from $1.0M to $66K. In its most recent filing year (2023), Childrens Home Foundation Inc reported a surplus of $2.1M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $66K | $24.9M | $0 | — | View 990 |
| 2022 | $2.3M | $423K | $22.1M | $0 | — | View 990 |
| 2021 | $1.9M | $831K | $25.1M | $0 | — | View 990 |
| 2020 | $1.4M | $910K | $20.7M | $0 | — | View 990 |
| 2019 | $1.2M | $860K | $20.8M | $0 | — | View 990 |
| 2018 | $1.6M | $768K | $20.4M | $0 | — | View 990 |
| 2017 | $964K | $80K | $19.3M | $0 | — | View 990 |
| 2016 | $680K | $436K | $17.6M | $0 | — | View 990 |
| 2015 | $1.3M | $103K | $17.9M | $0 | — | View 990 |
| 2014 | $858K | $73K | $17.6M | $0 | — | View 990 |
| 2013 | $1.6M | $595K | $14.5M | $12K | — | View 990 |
| 2012 | $1.4M | $902K | $14.1M | $0 | — | View 990 |
| 2011 | $1.8M | $1.0M | $14.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $66K, and assets of $24.9M (revenue -5.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $423K, and assets of $22.1M (revenue +17.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $831K, and assets of $25.1M (revenue +39.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $910K, and assets of $20.7M (revenue +20.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $860K, and assets of $20.8M (revenue -27.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $768K, and assets of $20.4M (revenue +64.6% year-over-year).
- 2017: Revenue of $964K, expenses of $80K, and assets of $19.3M (revenue +41.8% year-over-year).
- 2016: Revenue of $680K, expenses of $436K, and assets of $17.6M (revenue -47.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $103K, and assets of $17.9M (revenue +49.5% year-over-year).
- 2014: Revenue of $858K, expenses of $73K, and assets of $17.6M (revenue -45.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $595K, and assets of $14.5M (revenue +14.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $902K, and assets of $14.1M (revenue -24.4% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.0M, and assets of $14.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Home Foundation Inc:
Data Sources and Methodology
This transparency report for Childrens Home Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.