Christopher Homes of Monette Inc

Analysis

Christopher Homes of Monette 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 of Monette Inc reported income of $146k and spending of $177k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $106k to $146k (+38%), an average of +8.4% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christopher Homes of Monette Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within AR. Charities of a similar size with the same main cause include Ireton Community Fire Department Inc ($146k), Campus Christian Center at the University of Arizona ($146k) and Willamette Farm and Food Coalition ($146k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $395k against liabilities of $105k, net assets of $290k.