Elmore Area Concerned Christians

Analysis

Elmore Area Concerned Christians is a registered charity in United States, based in Elmore, OH. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Elmore Area Concerned Christians reported income of $342k and spending of $367k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $342k (+164%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 139%. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Elmore Area Concerned Christians sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Carpenter Housing Development Fund Co Inc ($342k), Brook Oaks Senior Residences Inc ($342k) and Octavia Court Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $61k (17% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.9m against liabilities of $2.7m, net assets of -$717k. It reported 2 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.