Christian Heritage Childrens Home

Analysis

Christian Heritage Childrens Home is a registered charity in United States, based in Walton, NE. It received its IRS tax-exemption ruling in July 1981, 45 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, Christian Heritage Childrens Home reported income of $3.1m and spending of $3.9m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.1m (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Heritage Childrens Home sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include American Friends of or National Missions ($3.1m), Open Hearth Inc ($3.1m) and Martha and Mary Lutheran Services ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $325k (8.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.1m against liabilities of $277k, net assets of $3.8m. It reported 40 employees.

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.