Christian Sharing Center Inc

Analysis

Christian Sharing Center Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in March 1987, 39 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 September 2023, Christian Sharing Center Inc reported income of $8.8m and spending of $9.3m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $8.8m (+62%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Sharing Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Guadalupe Center Educational Programs Inc ($8.8m), Advancing Native Missions ($8.8m) and Boy Scouts of America ($8.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $481k (5.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.7m against liabilities of $170k, net assets of $3.5m. It reported 101 employees.