Chappelle Gardens Inc

Analysis

Chappelle Gardens Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chappelle Gardens Inc reported income of $2.4m and spending of $2.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+16%), an average of +3.8% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chappelle Gardens Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Essentials Hospitals Institute ($2.4m), Arc of Iowa ($2.4m) and Barstow Senior Citizen Center ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.2m against liabilities of $3.0m, net assets of $5.2m.

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.