Charis Center Inc

Analysis

Charis Center Inc is a registered charity in United States, based in Duncan, OK. It received its IRS tax-exemption ruling in October 2015, 11 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, Charis Center Inc reported income of $494k and spending of $212k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $291k to $494k (+70%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charis Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Waking Women Healing Institute Inc ($494k), Artists Creating Together Inc ($494k) and Meals on Wheels of Western Broome Inc ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $118k. At year end it held assets of $806k against liabilities of $3,215, net assets of $803k. It reported 9 employees.