Christiansburg Institute Inc

Analysis

Christiansburg Institute Inc is a registered charity in United States, based in Christiansbrg, VA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Christiansburg Institute Inc reported income of $131k and spending of $377k, spending 287% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $233k to $131k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christiansburg Institute Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include San Diego Young Artists Music Academy Incorporated ($131k), Vermillion Area Dance Organization Inc ($131k) and Antique Caterpillar Machinery Owners Club ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $61k (16% of expenses). Other salaries and wages came to $187k. At year end it held assets of $262k against liabilities of $10k, net assets of $252k. It reported 10 employees.