The John E Christian Family Memorial Trust Inc

Analysis

The John E Christian Family Memorial Trust Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The John E Christian Family Memorial Trust Inc reported income of $310k and spending of $1.1m, spending 365% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.6m to $310k (-80%), an average of -33% a year. The sharpest change came in the year to August 2020, when income dropped by 93%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The John E Christian Family Memorial Trust Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Miller Road Housing Development Fund Company Inc ($310k), Bellingham Christian School Foundation ($310k) and Happy Paws Haven Co ($310k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.8% and program service revenue 17% of the total. Other salaries and wages came to $37k. At year end it held assets of $4.3m against liabilities of $262, net assets of $4.3m. It reported 2 employees.