Charture Institute

Analysis

Charture Institute is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable 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, Charture Institute reported income of $103k and spending of $139k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $103k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charture Institute sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within WY. Charities of a similar size with the same main cause include Rhode Island Charities Trust ($103k), Foundation for Good Business ($103k) and Full Gospel Businessmens Fellowship International ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $60k (43% of expenses). At year end it held assets of $208k against liabilities of $341k, net assets of -$133k. It reported 1 employees.