Child Welfare Services Industry

NAICS: 62411

For additional companies see the Individual & Family Services Industry

Child Welfare Services Market Share: Largest Companies in the Child Welfare Services Industry

Company	Headquarters	Revenue ($ MM)
YOUTH ADVOCATE PROGRAMS	Harrisburg, PA	100
BOYS & GIRLS CLUBS OF NORTHEAST OHIO	Lorain, OH	28
TFI FAMILY SERVICES	Emporia, KS	24
FAMILY ENRICHMENT NETWORK	Johnson City, NY	23
NORTHEAST PARENT & CHILD SOCIETY	Albany, NY	15
MERCYFIRST	Syosset, NY	11
BEHAVIORAL EDUCATION ASSESSMENT & CONSULTATION OF CONNECTICUT	Cromwell, CT	11
OASIS CHILDREN'S SERVICES	Greenvale, NY	11
HEARTSPING	Wichita, KS	11
BOYS & GIRLS HOMES OF NORTH CAROLINA	Lake Waccamaw, NC	10
ST JOSEPH CATHOLIC ORPHAN SOCIETY	Louisville, KY	10
BOYS & GIRLS CLUBS OF EAST COUNTY	Santee, CA	9
CENTROS SOR ISOLINA FERRE	Ponce, PR	9
AFTER SCHOOL PROGRAMS	Margate, FL	9
CHILDREN'S HOME OF CINCINNATI OHIO	West Chester, OH	9
ENA	South Point, OH	9
LUTHERINE FAMILY SERVICES OF VIRGINIA	Roanoke, VA	8
SOUTHLAKE/TRI-CITY MANAGEMENT	Merrillville, IN	8
MADISON SQUARE BOYS & GIRLS CLUB	New York, NY	8

This is a list of the largest companies active in the Child Welfare Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Child Welfare Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Child Welfare Services Companies

A list of competitors in the Child Welfare Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Child Welfare Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Child Welfare Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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