Christian Homes Inc

Analysis

Christian Homes Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Christian Homes Inc reported income of $20.1m and spending of $25.8m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $48.6m to $20.1m (-59%), an average of -20% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Homes Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include United Activities Unlimited Inc ($20.0m), Burlington United Methodist Family Services Inc ($20.1m) and Creative Alternatives ($20.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 86% of the total. Other salaries and wages came to $11.8m. At year end it held assets of $43.2m against liabilities of $42.3m, net assets of $955k.

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.