The Christophers Inc

Analysis

The Christophers Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Christophers Inc reported income of $1.2m and spending of $1.6m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Christophers Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Every1 Can Work ($1.2m), Northfield Senior Citizens Inc ($1.2m) and Sharpen Recovery ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $249k (15% of expenses). Other salaries and wages came to $247k. At year end it held assets of $4.6m against liabilities of $241k, net assets of $4.4m. It reported 7 employees.