Chari-T-2000 Inc

Analysis

Chari-T-2000 Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chari-T-2000 Inc reported income of $102k and spending of $43k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2015 to December 2023, income fell from $192k to $102k (-47%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chari-T-2000 Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include School Transportation Association of Indiana ($102k), Top Development Corporation ($102k) and Ministry Coaching Multiplying Disciples Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $212k against liabilities of $9,021, net assets of $203k.