Christian Homes of Abilene

Analysis

Christian Homes of Abilene is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 1965, 61 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 September 2023, Christian Homes of Abilene reported income of $2.9m and spending of $2.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.3m to $2.9m (-33%), an average of -9.6% a year. The sharpest change came in the year to September 2020, when income dropped by 37%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Homes of Abilene sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include New Life Furniture Inc ($2.9m), Abbott House Foundation ($2.9m) and Des Moines Council of St Vincent de Paul Society ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $113k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.2m against liabilities of $189k, net assets of $8.0m. It reported 34 employees.