Christopher Homes of Hot Springs Inc

Analysis

Christopher Homes of Hot Springs Inc is a registered charity in United States, based in Sherwood, AR. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Christopher Homes of Hot Springs Inc reported income of $115k and spending of $148k, spending 129% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $116k to $115k (-0.6%), an average of -0.1% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christopher Homes of Hot Springs Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include Public Safety Foundation of America Inc ($115k), Catholic Life Ministries Northwest ($115k) and Ministering Circle of Wilmington N C ($115k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $425k against liabilities of $29k, net assets of $395k.

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.