Citizens for Research Education and Community Hope Inc

Analysis

Citizens for Research Education and Community Hope Inc is a registered charity in United States, based in Eutaw, AL. It received its IRS tax-exemption ruling in August 1986, 40 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 December 2023, Citizens for Research Education and Community Hope Inc reported income of $1.2m and spending of $866k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $866k to $1.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 334%. 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, Citizens for Research Education and Community Hope Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Pope Memorial SPCA of Concord Merrimack County ($1.2m), New Concept Schools Inc ($1.2m) and St Paul the Apostle Senior Housing Development Fund Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.7m against liabilities of $1.2m, net assets of $1.5m. It reported 1 employees.