Christopher Homes of Arkansas Inc

Analysis

Christopher Homes of Arkansas 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. 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 June 2024, Christopher Homes of Arkansas Inc reported income of $648k and spending of $493k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $524k to $648k (+24%), an average of +5.5% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Christopher Homes of Arkansas Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within AR. Charities of a similar size with the same main cause include Heritage Center of Orange Inc ($648k), Stella Maris Housing Development Corp ($649k) and Marin Housing Development Corporation ($648k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $112k (23% of expenses). At year end it held assets of $1.9m against liabilities of $59k, net assets of $1.9m. It reported 47 employees.