Christian Living Center Inc

Analysis

Christian Living Center Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Christian Living Center Inc reported income of $504k and spending of $539k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $409k to $504k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Christian Living Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Helping Hand Outreach Ministries ($504k), Centennial Falcon Properties Inc ($504k) and Community Care of Wells County Inc ($504k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $95k. At year end it held assets of $858k against liabilities of $44k, net assets of $814k.