Christian Foundation of America
Analysis
Christian Foundation of America is a registered charity in United States, based in Westlake Village, CA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Foundation of America reported income of $6.0m and spending of $3.6m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $6.0m (+150%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 54% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Christian Foundation of America 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 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Alaska Christian College ($6.0m), Ambassadors for Christ Inc ($6.0m) and Yivo Institute for Jewish Research Inc ($6.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $216k (6.0% of expenses). Other salaries and wages came to $181k. At year end it held assets of $31.3m against liabilities of $18.3m, net assets of $13.1m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 4.2%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alaska Christian College | Soldotna | $6.0m |
| Ambassadors for Christ Inc | Paradise | $6.0m |
| Yivo Institute for Jewish Research Inc | New York | $6.0m |
| Evangelical Lutheran Good Samaritan Foundation | Sioux Falls | $6.0m |