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CHARITY REVIEW
Issued: November 2023 Expires: November 2025

Children, Incorporated

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(800) 538-5381
Post Office Box 72848
North Chesterfield, VA, 23235
https://childrenincorporated.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Children, Incorporated meets the 20 Standards for Charity Accountability.

Child Sponsorship


The child sponsorship program assists children in the United States and 22 other countries. Monthly sponsorships of $30 provides an underprivileged child with basic necessities such as food, clothing, healthcare and education. The sponsorship program serves over 10,000 children annually. Volunteers implement the organization's child sponsorship program, which include teachers, social workers, guidance counselors, school principals, and other childcare professionals. All volunteers must submit reports that they appropriately managed CI funds and all project reports are audited by the organization's Richmond, VA, office. The Shared Hope Fund provides for children awaiting sponsorship. Contributions are pooled together and distributed to children in need. Sponsor visitation varies by location, and if visitation is allowed, contact is requested to be made 45 days prior to the planned visit.

Stated Purpose:
"to meet the basic and educational needs of impoverished children."

Year, State Incorporated:
1964, VA

Children, Incorporated's (CI) goal is to improve children's lives through greater access to education and basic needs assistance. The organization aims to provide children opportunities to learn skills that will allow for self-sufficiency and become contributing members of their communities. CI partners with existing organizations in each country or area in which the organization works, and those organizations appoint volunteer coordinators to manage and oversee CI's child assistance efforts. CI reports that these partner organizations are not paid by CI for their services; they oversee the organization's child sponsorship and assistance programs in exchange for the benefits that the programs provide to the children enrolled at their centers.

For the year ended June 30, 2022, Children, Incorporated's program expenses were:

Program services $3,468,295
Total Program Expenses $3,468,295

Chief Executive
Ronald C. Carter, President and Chief Executive Officer

Compensation*
$99,470

Chair of the Board
Elizabeth S. Collins

Chair's Profession / Business Affiliation
Capital One, Manager, Platform Strategy & Operations

Board Size
8

Paid Staff Size
13

*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Internet, Radio

Fundraising costs were 6% of related contributions. (Related contributions, which totaled $4,013,273, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Children, Incorporated's audited financial statements for the year ended June 30, 2022.

Source of Funds
Investment income, net $-520,203
Contributions $4,013,273
Total Income $3,493,070

Programs: 88% Fundraising: 7% Administrative: 5%

Total Income $3,493,070
Total expenses: $3,928,848
  Program expenses $3,468,295
  Fundraising expenses $257,570
  Administrative expenses $202,983
  Other expenses $0
Income in Excess of Expenses $-435,778
Beginning Net Assets $8,627,452
Other Changes In Net Assets $-304,945
Ending Net Assets $7,886,729
Total Liabilities $269,530
Total Assets $8,156,259

Note: In the above finacial section, "other changes in net assets" repressents change in value of beneficial interests in charitable remainder annuity trusts.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance