The subject of this paper is the application of financial report analysis tools in associations which help children. Associations are a type of non-profit organization, and non-profit organizations are organizations whose primary goal is not to make a profit, but to provide assistance to certain members of society. Non-profit organizations are required to prepare financial statements as well as for-profit organizations, but the accounting of non-profit organizations is adjusted, as well as the instruments of analysis of financial statements. The financial statements that non-profit organizations are required to prepare are the balance sheet, income and expenditure statement and notes to the financial statements. The financial analysis in the non-profit sector uses special instruments that are tailored to the sector, namely vertical and horizontal analysis and analysis using financial indicators. The paper analyzes the balance sheet and income and expenditure statement from 2018 to 2020 in three selected associations to help children – the Association for Down Syndrome Zagreb, the Association of Parents for Children with Severe Physical Disabilities and Children with Developmental Disabilities Anđeli and the Association Krijesnica. It turned out that in all these associations, financial is more important than non-financial assets, and that the own resources of associations are higher than liabilities. However, that associations are primarily dependent on donations, which is a problem and should turn to other types of income. In this way, revenues would increase and associations would operate more successfully.