Christian Life Home

Analysis

Christian Life Home is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1986, 40 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 June 2024, Christian Life Home reported income of $739k and spending of $446k, leaving 40% of income unspent that year. Across the 6 years on record, from December 2019 to June 2024, income grew from $366k to $739k (+102%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 337%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Life Home sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include United Churches Elizabethtown Area ($739k), Community Coordinated Child Care Association of the Upper Peninsula ($739k) and Carroll County Food Sunday Inc ($739k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). Other salaries and wages came to $186k. At year end it held assets of $723k against liabilities of $5,905, net assets of $717k. It reported 12 employees.