Christian Community Storehouse Inc

Analysis

Christian Community Storehouse Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Christian Community Storehouse Inc reported income of $1.2m and spending of $1.4m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.2m (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Community Storehouse Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Lee County Legal Aid Society ($1.2m), College of Optometrists in Vision Development ($1.2m) and American Civil Liberties Union Foundation of Tennessee Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $669k. At year end it held assets of $793k against liabilities of $12k, net assets of $781k. It reported 47 employees.