Charis Hills Inc

Charis Hills Inc. shows consistent operations with no officer compensation, but recent filings indicate operating deficits.

EIN: 205989540 · Sunset, TX · NTEE: N20 · Updated: 2026-03-28

$1.6MRevenue

$3.5MAssets

85/100Mission Score (Excellent)

N20

About Charis Hills Inc

Charis Hills Inc (EIN: 205989540) is a nonprofit organization based in Sunset, TX, classified under NTEE code N20. The organization reported total revenue of $1.6M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charis Hills Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Charis Hills Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Charis Hills Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with annual revenues typically ranging from $500,000 to $700,000.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Charis Hills Inc's IRS 990 filings:

Operating deficits in the last two reported periods (202209 and 202309)
Significant decline in assets from 2017 to 2023 without clear explanation
Discrepancy between 'Latest Revenue' and annual filing revenues

Strengths

The following positive indicators were identified for Charis Hills Inc:

Consistent 0% officer compensation, indicating strong commitment to mission
Long operational history with 13 IRS 990 filings
Generally stable revenue base over the past decade (averaging $500k-$700k annually)

Frequently Asked Questions about Charis Hills Inc

Why have expenses exceeded revenue in the last two reported periods (202209 and 202309)?

In 202209, expenses were $770,011 against $586,871 in revenue, and in 202309, expenses were $601,184 against $505,346 in revenue. This trend of operating deficits needs to be addressed to ensure long-term financial health.

What caused the significant decrease in assets from $2.2 million in 2017 to $1.1 million in 2023?

Assets peaked around $2.2 million in 2016-2017 but have since declined to $1.1-$1.2 million in recent filings. Understanding the reasons for this asset reduction, such as asset sales or depreciation, is crucial.

What is the nature of the 'Latest Revenue' figure of $1,603,206 compared to the annual revenues in the filing history?

The 'Latest Revenue' figure is significantly higher than any single annual revenue reported in the filing history (e.g., $505,346 for 202309). Clarification is needed to understand if this represents cumulative revenue, a different reporting period, or a specific grant.

Filing History

IRS 990 filing history for Charis Hills Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Charis Hills Inc's revenue has grown by 0.1%, moving from $505K to $505K. Total assets decreased by 38.8% over the same period, from $1.9M to $1.2M. Total functional expenses rose by 28.8%, from $467K to $601K. In its most recent filing year (2023), Charis Hills Inc reported a deficit of $96K, with expenses exceeding revenue. The organization holds $6K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$505K	$601K	$1.2M	$6K	—	View 990
2022	$587K	$770K	$1.2M	$158K	—	View 990
2021	$641K	$541K	$1.3M	$12K	—	View 990
2020	$711K	$516K	$1.3M	$115K	—	View 990
2019	$590K	$534K	$1.4M	$441K	—	View 990
2018	$562K	$514K	$1.3M	$409K	—	View 990
2017	$493K	$494K	$2.2M	$420K	—	View 990
2016	$563K	$517K	$2.2M	$459K	—	View 990
2015	$552K	$537K	$2.1M	$415K	—	View 990
2014	$542K	$479K	$2.0M	$320K	—	View 990
2013	$502K	$470K	$2.0M	$327K	—	View 990
2012	$501K	$492K	$1.9M	$315K	—	View 990
2011	$505K	$467K	$1.9M	$307K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $505K, expenses of $601K, and assets of $1.2M (revenue -13.9% year-over-year).
2022: Revenue of $587K, expenses of $770K, and assets of $1.2M (revenue -8.4% year-over-year).
2021: Revenue of $641K, expenses of $541K, and assets of $1.3M (revenue -9.8% year-over-year).
2020: Revenue of $711K, expenses of $516K, and assets of $1.3M (revenue +20.5% year-over-year).
2019: Revenue of $590K, expenses of $534K, and assets of $1.4M (revenue +5.0% year-over-year).
2018: Revenue of $562K, expenses of $514K, and assets of $1.3M (revenue +14.0% year-over-year).
2017: Revenue of $493K, expenses of $494K, and assets of $2.2M (revenue -12.4% year-over-year).
2016: Revenue of $563K, expenses of $517K, and assets of $2.2M (revenue +2.0% year-over-year).
2015: Revenue of $552K, expenses of $537K, and assets of $2.1M (revenue +1.9% year-over-year).
2014: Revenue of $542K, expenses of $479K, and assets of $2.0M (revenue +8.0% year-over-year).
2013: Revenue of $502K, expenses of $470K, and assets of $2.0M (revenue +0.1% year-over-year).
2012: Revenue of $501K, expenses of $492K, and assets of $1.9M (revenue -0.7% year-over-year).
2011: Revenue of $505K, expenses of $467K, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Charis Hills Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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