Chi Rho Corporation

Analysis

Chi Rho Corporation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Chi Rho Corporation reported income of $106k and spending of $131k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $106k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 129% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chi Rho Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Express Workforce Foundation ($106k), Zena Brand Launchpad ($106k) and Life Ministries for Venezuela ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.