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Christian Research Institute Inc

RegisteredEIN 22-6063412Charlotte, NCReligion
Income$2.6m2024-06
Spending$2.5msame year
Spent / received82%5-year average
Size in its cause97th pctReligion
Exempt since1964Publicly supported organisat
Employees12latest return

Analysis

Christian Research Institute Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Christian Research Institute Inc reported income of $2.6m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $2.6m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Research Institute Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include From His Heart Ministries ($2.6m), Powercross ($2.6m) and Good Samaritan Baptist Missions Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $800k (32% of expenses). Other salaries and wages came to $463k. At year end it held assets of $4.0m against liabilities of $1.1m, net assets of $2.9m. It reported 12 employees.

Income and spending

$0$1.1m$2.3m$3.4m$4.6m2020 Income: $2,535,4532020 Spending: $2,451,08420202021 Income: $4,551,1242021 Spending: $2,393,41420212022 Income: $2,467,4882022 Spending: $2,185,12020222023 Income: $2,213,8572023 Spending: $2,197,63220232024 Income: $2,584,3842024 Spending: $2,517,7192024
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 2.6%

Similar-sized charities, same cause

CharityLocationIncome
From His Heart MinistriesTexarkana$2.6m
PowercrossStatesville$2.6m
Good Samaritan Baptist Missions IncVilla Rica$2.6m
Forum of Christian LeadersLisle$2.6m