Christos Center for Spiritual Formations

Analysis

Christos Center for Spiritual Formations is a registered charity in United States, based in Lino Lakes, MN. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Christos Center for Spiritual Formations reported income of $402k and spending of $362k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $287k to $402k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christos Center for Spiritual Formations sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include First Baptist Church Mont-Garizim of Orlando ($402k), Rumi Forum Inc ($402k) and Tianlu Ministries - Spring Camp ($401k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). Other salaries and wages came to $126k. At year end it held assets of $201k against liabilities of $195, net assets of $201k. It reported 15 employees.