Christian Home for Children Inc

Analysis

Christian Home for Children Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 1943, 83 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 June 2024, Christian Home for Children Inc reported income of $1.1m and spending of $414k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $357k to $1.1m (+196%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 146%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Home for Children Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Arizona Veterans Hall of Fame Society ($1.1m), Mediation Center ($1.1m) and State Parks Cultural Arts Board Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $46k (11% of expenses). Other salaries and wages came to $182k. At year end it held assets of $1.4m against liabilities of $24k, net assets of $1.4m. It reported 14 employees.