Charis Bible College
Charis Bible College reported $21.7 million in revenue and $30.0 million in expenses for the fiscal year ending September 30, 2023. Of every $100 it spent, $93.74 went to program services, $5.01 to management and general costs and $1.25 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 55.4% of the total. The highest compensation it reported for one person was $451,110 (President). Source: Form 990, FY2023.
Where $100 of spending went
The fiscal year ending September 30, 2023 · Form 990, Part IX, line 25 · total expenses $30MFor context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2023 · Form 990, Part VIII · total revenue $22MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.7% | 86.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.0% | 9.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 1.9% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 41.6% | 83.4% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 55.4% | 2.3% |
| Highest reported compensation Part VII-A, columns D–F | $451,110 | $276,040 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.50% | 1.40% |
| People paid over $100,000 Part VII, line 2 | 0 | 4 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -7.8 | 12.7 |
| Independent voting board members Part VI 1a–1b | 0 of 3 | 90.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2023 · Form 990, Part III · the three largest programs by expenseCharis Bible Colleges has over 1,000 students attending the main campus in Woodland Park, Colorado. Through its world outreach program, it has an additional 37 extension schools with over 950 students across the United States. In addition, Charis Bible Colleges has over 2,000 online and correspondence students. Charis Bible Colleges hosts both public educational events and student experience events. These events help offer a varied educational experience to students and foster greater relationships between the students and staff of the school
Highest reported compensation
FY2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Director/trustee, officer, 1.0 hrs/week | $0 | $436,339 | $14,771 | $451,110 |
| CEO Director/trustee, officer, 1.0 hrs/week | $0 | $198,692 | $29,537 | $228,229 |
| VP Highest compensated employee, 40.0 hrs/week | $0 | $105,455 | $8,826 | $114,281 |
| Ministry Ambassador Director/trustee, officer, 40.0 hrs/week | $78,071 | $0 | $24,152 | $102,223 |
0 people received more than $100,000 in reportable compensation from Charis Bible College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $935K (Part IX, line 5).
2 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2023 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5358
- Volunteers Part I, line 61,845
Largest outside contractors
FY2023 · Form 990, Part VII, Section B · businesses only| Blackboard Inc Software | $319,133 |
| Intermissions World Travel Travel | $246,120 |
| D2L Ltd Software | $216,112 |
| Anthology Inc Software | $189,311 |
| Meta Platforms Advertising | $124,386 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Charis Bible College totaling $20,855 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Charis Bible College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charis Bible College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Charis Bible College spent in FY2023, $93.74 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Trinity Broadcasting of FloridaFort Worth, TX · revenue $22M · programs 94.4% · 2024
- Commission to Every NationKerrville, TX · revenue $22M · programs 94.9% · 2024
- The Foundation of the Catholic Diocese of ColumbusColumbus, OH · revenue $21M · programs 86.8% · FY2025
- The Master's Academy of Central FloridaOviedo, FL · revenue $22M · programs 85.4% · FY2025
- Hope Center MinistriesBethany, OK · revenue $21M · programs 86.4% · 2022
All religion-related charities · Largest charities in Colorado
Questions people ask
How much of Charis Bible College's spending goes to programs?
In the fiscal year ending September 30, 2023, Charis Bible College reported that 93.7% of its $30.0 million in expenses went to program services, 5.0% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Charis Bible College pay its top executive?
The largest total compensation Charis Bible College reported for one person in the fiscal year ending September 30, 2023 was $451,110, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Charis Bible College get its money?
Of $21.7 million in revenue in the fiscal year ending September 30, 2023, 41.6% came from contributions and grants and 55.4% from program service revenue (Form 990, Part VIII).
Is Charis Bible College a registered charity?
The IRS lists EIN 81-5070331 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2021, 2022. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349301603 · read the filing · XML
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349303563 · read the filing
All filings for EIN 81-5070331: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.