Christian Berets
Analysis
Christian Berets is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Christian Berets reported income of $763k and spending of $660k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $763k (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Berets sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Alpha Genesis Community Development Corporation ($763k), Kingdom Kids Christian Academy ($763k) and Sage Financial Solutions Inc ($763k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $117k (18% of expenses). Other salaries and wages came to $152k. At year end it held assets of $1.4m against liabilities of $14k, net assets of $1.3m. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 40%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alpha Genesis Community Development Corporation | Cambridge | $763k |
| Kingdom Kids Christian Academy | Phenix City | $763k |
| Sage Financial Solutions Inc | Pinole | $763k |
| Shepherds Staff Inc | Westminster | $763k |