Christlife Inc

Analysis

Christlife Inc is a registered charity in United States, based in Elkridge, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, Christlife Inc reported income of $716k and spending of $508k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $446k to $716k (+60%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christlife Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Progressive Change Institute ($716k), Leadership Tomorrow ($716k) and Eastern North Carolina Food Commercialization Center ($716k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $70k (14% of expenses). Other salaries and wages came to $292k. At year end it held assets of $505k against liabilities of $11k, net assets of $494k. It reported 8 employees.