Christwood

Analysis

Christwood is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christwood reported income of $25.9m and spending of $24.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.0m to $25.9m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christwood sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Presbyterian Homes of North Oaks Inc ($25.9m), Bay Human Services Inc ($25.9m) and Apostolic Christian Lifepoints Inc ($25.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $545k (2.2% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $73.5m against liabilities of $83.4m, net assets of -$9.9m. It reported 389 employees.