Cristosal Inc

Analysis

Cristosal Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in August 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cristosal Inc reported income of $2.7m and spending of $4.2m, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.7m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cristosal Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within VT. Charities of a similar size with the same main cause include Penny Foundation ($2.7m), Philanthropy Southwest ($2.7m) and Wynn Resorts Limited Employee Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $68k (1.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.4m against liabilities of $427k, net assets of $2.0m. It reported 3 employees.