Salem Christian Homes Inc

Analysis

Salem Christian Homes Inc is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Salem Christian Homes Inc reported income of $13.9m and spending of $14.8m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.5m to $13.9m (+64%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Christian Homes Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Community Opportunities Inc ($13.9m), Kaizen Food Rescue ($13.9m) and Inland Christian Home Inc ($13.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $266k (1.8% of expenses). Other salaries and wages came to $9.0m. It paid $38k in professional fundraising fees. At year end it held assets of $8.7m against liabilities of $2.1m, net assets of $6.7m. It reported 224 employees.