Community Chest South Shore

Analysis

Community Chest South Shore is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in June 1944, 82 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Chest South Shore reported income of $256k and spending of $441k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $256k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Chest South Shore sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include The Union Printers Home Foundation ($256k), Pass It Along Inc ($256k) and Holt Brothers Foundation Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% of the total. Other salaries and wages came to $20k. At year end it held assets of $3.8m against liabilities of $7,150, net assets of $3.8m. It reported 2 employees.