Exalting Christ in Honduras Inc

Analysis

Exalting Christ in Honduras Inc is a registered charity in United States, based in Seffner, FL. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Exalting Christ in Honduras Inc reported income of $910k and spending of $913k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $910k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Exalting Christ in Honduras Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Salish Sea School for the Deaf ($909k), Kalamazoo Literacy Council ($910k) and Amrap 4 Autism Foundation ($909k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $160k (18% of expenses). At year end it held assets of $3.1m against liabilities of $197k, net assets of $2.9m. It reported 1 employees.