Christar International Inc

Analysis

Christar International Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in April 2012, 14 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 December 2023, Christar International Inc reported income of $536k and spending of $538k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $597k to $536k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christar International Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Brethren Retreat Ministries Inc ($536k), Worldwideword Inc ($536k) and Mike Hayes Ministries ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $54k (10.0% of expenses). At year end it held assets of $740k against liabilities of $75k, net assets of $665k.