Is Charis Hills Inc Legit?

Quick charity verification for Charis Hills Inc (EIN: 205989540)

Verdict: Charis Hills Inc appears trustworthy

85/100Mission Score
$1.6MRevenue
$3.5MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Charis Hills Inc. demonstrates a consistent operational history with generally stable revenue streams, averaging around $500,000-$700,000 annually over the past decade. The organization's assets have fluctuated, showing a peak around $2.2 million in 2016-2017 before declining to $1.1-$1.2 million in recent years, which warrants further investigation into asset management or divestment. While the latest reported revenue is $1,603,206, this figure appears to be a cumulative or different reporting metric than the annual period revenues, which consistently show lower amounts (e.g., $505,346 in 202309). This discrepancy requires clarification for a complete financial picture. The organization consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries. However, the recent trend shows expenses exceeding revenue in the 202209 and 202309 periods ($770,011 expenses vs. $586,871 revenue in 202209; $601,184 expenses vs. $505,346 revenue in 202309), leading to operating deficits. This trend, if continued, could impact long-term financial stability. The organization's liabilities have generally remained manageable, though there was a notable increase to $440,954 in 201909 and $157,801 in 202209, which should be monitored.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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