The Chi Rho Fund Inc
The Chi Rho Fund Inc consistently operates with zero liabilities and no officer compensation, though recent expenses have exceeded revenue.
EIN: 133159734 · Stamford, CT · Updated: 2026-03-28
Is The Chi Rho Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Chi Rho Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Chi Rho Fund Inc
The Chi Rho Fund Inc (EIN: 133159734) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $227K and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Chi Rho Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Chi Rho Fund Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $85K |
| Surplus / Deficit | $-24,917 |
| Total Assets | $190K |
| Net Assets | $190K |
| Operating Margin | -41.8% |
| Months of Reserves | 26.9 months |
Financial Health Grade: B
In 2023, The Chi Rho Fund Inc reported a deficit of $25K with expenses exceeding revenue, holds 26.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Chi Rho Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.1% | +100.8% | -11.6% |
| 2022 | -57.2% | -50.5% | -0.2% |
| 2021 | +45.8% | +17.4% | +6.0% |
| 2020 | -14.4% | -28.8% | -2.8% |
| 2019 | +19.1% | -5.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Chi Rho Fund 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: 90%
- fundraising: 0%
According to IRS 990 filings, The Chi Rho Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a small organization like The Chi Rho Fund Inc, with latest revenue of $226,564.
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 The Chi Rho Fund Inc's IRS 990 filings:
- Expenses exceeding revenue in recent periods (e.g., 2023: $84,550 expenses vs. $59,633 revenue; 2022: $42,112 expenses vs. $41,673 revenue).
Strengths
The following positive indicators were identified for The Chi Rho Fund Inc:
- Consistent reporting of zero liabilities across all 13 filings.
- 0% officer compensation reported in all available filings, indicating a volunteer-driven or highly lean administrative structure.
- Healthy asset base relative to revenue ($356,376 in assets vs. $226,564 latest revenue).
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about The Chi Rho Fund Inc
Is The Chi Rho Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Chi Rho Fund Inc (EIN: 133159734) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does The Chi Rho Fund Inc spend its money?
The Chi Rho Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Chi Rho Fund Inc tax-deductible?
The Chi Rho Fund Inc is registered as a tax-exempt nonprofit (EIN: 133159734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Chi Rho Fund Inc a good charity?
Based on the available data, The Chi Rho Fund Inc appears to be a good charity, particularly due to its consistent reporting of zero liabilities and 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds by minimizing administrative overhead.
What are the primary financial concerns for The Chi Rho Fund Inc?
The primary financial concern is the trend of expenses exceeding revenue in several recent periods, such as 2023 ($84,550 expenses vs. $59,633 revenue) and 2022 ($42,112 expenses vs. $41,673 revenue), which could impact long-term sustainability if not balanced.
How transparent is The Chi Rho Fund Inc?
The Chi Rho Fund Inc demonstrates good transparency through its consistent filing of IRS Form 990s over 13 periods and clear reporting of financial metrics, including zero liabilities and no officer compensation.
Filing History
IRS 990 filing history for The Chi Rho Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Chi Rho Fund Inc's revenue has grown by 15.9%, moving from $51K to $60K. Total assets increased by 58.4% over the same period, from $120K to $190K. Total functional expenses rose by 13.8%, from $74K to $85K. In its most recent filing year (2023), The Chi Rho Fund Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $85K | $190K | $0 | — | View 990 |
| 2022 | $42K | $42K | $215K | $0 | — | View 990 |
| 2021 | $97K | $85K | $215K | $0 | — | View 990 |
| 2020 | $67K | $72K | $203K | $0 | — | View 990 |
| 2019 | $78K | $102K | $209K | $0 | — | View 990 |
| 2018 | $65K | $107K | $221K | $0 | — | View 990 |
| 2017 | $92K | $40K | $275K | $0 | — | View 990 |
| 2016 | $87K | $50K | $223K | $0 | — | View 990 |
| 2015 | $100K | $62K | $186K | $0 | — | View 990 |
| 2014 | $81K | $78K | $148K | $0 | — | View 990 |
| 2013 | $74K | $64K | $144K | $0 | — | View 990 |
| 2012 | $86K | $71K | $135K | $0 | — | View 990 |
| 2011 | $51K | $74K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $85K, and assets of $190K (revenue +43.1% year-over-year).
- 2022: Revenue of $42K, expenses of $42K, and assets of $215K (revenue -57.2% year-over-year).
- 2021: Revenue of $97K, expenses of $85K, and assets of $215K (revenue +45.8% year-over-year).
- 2020: Revenue of $67K, expenses of $72K, and assets of $203K (revenue -14.4% year-over-year).
- 2019: Revenue of $78K, expenses of $102K, and assets of $209K (revenue +19.1% year-over-year).
- 2018: Revenue of $65K, expenses of $107K, and assets of $221K (revenue -29.1% year-over-year).
- 2017: Revenue of $92K, expenses of $40K, and assets of $275K (revenue +5.9% year-over-year).
- 2016: Revenue of $87K, expenses of $50K, and assets of $223K (revenue -12.6% year-over-year).
- 2015: Revenue of $100K, expenses of $62K, and assets of $186K (revenue +22.4% year-over-year).
- 2014: Revenue of $81K, expenses of $78K, and assets of $148K (revenue +10.6% year-over-year).
- 2013: Revenue of $74K, expenses of $64K, and assets of $144K (revenue -14.1% year-over-year).
- 2012: Revenue of $86K, expenses of $71K, and assets of $135K (revenue +66.5% year-over-year).
- 2011: Revenue of $51K, expenses of $74K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Chi Rho Fund Inc:
Data Sources and Methodology
This transparency report for The Chi Rho Fund 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.