Canton Christian Home Inc

Analysis

Canton Christian Home Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Canton Christian Home Inc reported income of $9.9m and spending of $12.7m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.0m to $9.9m (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Canton Christian Home 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 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Bethany Home ($9.9m), Wells Nursing Home Inc ($9.9m) and Set Free Alaska ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $118k (0.9% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $16.3m against liabilities of $12.5m, net assets of $3.8m. It reported 271 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.