Christian Towers Inc of Alabama

Analysis

Christian Towers Inc of Alabama is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in September 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christian Towers Inc of Alabama reported income of $587k and spending of $471k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $567k to $587k (+3.6%), an average of +0.9% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Christian Towers Inc of Alabama sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Neighborhood Housing Partners Inc ($587k), Riverside Housing Corporation ($588k) and Bnai Brith III Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $112k. At year end it held assets of $459k against liabilities of $506k, net assets of -$47k.