Christopher Homes Inc

Analysis

Christopher Homes Inc is a registered charity in United States, based in Sherwood, AR. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2024, Christopher Homes Inc reported income of $4.2m and spending of $3.7m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $4.2m (+16%), an average of +3.9% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christopher Homes Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include American Assoc on Intellectual and Developmental Disabilities ($4.2m), Baltimore School for the Arts FDN Inc ($4.2m) and New Hope Manor Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. At year end it held assets of $7.8m against liabilities of $9.5m, net assets of -$1.7m.