Chris-Tex Inc

Analysis

Chris-Tex Inc is a registered charity in United States, based in Cantonment, FL. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Chris-Tex Inc reported income of $9.1m and spending of $41.6m, spending 457% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $30.1m to $9.1m (-70%), an average of -26% a year. The sharpest change came in the year to May 2023, when income dropped by 85%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chris-Tex Inc sits at the 93rd percentile: it is larger than about 93% 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 Windber Research Institute ($9.1m), William & Mary Business School Foundation ($9.1m) and Thetford Academy ($9.1m).

At year end it held assets of $1.35bn against liabilities of $20k, net assets of $1.35bn.