Charis Hills Inc

Analysis

Charis Hills Inc is a registered charity in United States, based in Sunset, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Charis Hills Inc reported income of $505k and spending of $601k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $590k to $505k (-14%), an average of -3.8% a year. The sharpest change came in the year to September 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charis Hills Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include CT Cycling Advancement Program Inc ($505k), Bismarck Marathon ($505k) and Mead Botanical Garden Inc ($505k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $213k. At year end it held assets of $1.2m against liabilities of $5,526, net assets of $1.2m. It reported 47 employees.