Chappaqua Summer Scholarship Program

Analysis

Chappaqua Summer Scholarship Program is a registered charity in United States, based in Chappaqua, NY. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chappaqua Summer Scholarship Program reported income of $126k and spending of $88k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $126k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chappaqua Summer Scholarship Program sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include New Prague Area Education Foundation ($126k), Tuloso-Midway Isd Education Foundation Inc ($126k) and Weequahic Alumni Association Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 115% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.