Chronicle of a People Foundation Inc

Analysis

Chronicle of a People Foundation Inc is a registered charity in United States, based in Blauvelt, NY. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chronicle of a People Foundation Inc reported income of $1.4m and spending of $549k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $697k to $1.4m (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chronicle of a People Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Aha Abenaki Helping Abenaki ($1.4m), A Window Between Worlds ($1.4m) and Historic Paramount Theatre Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $2,439, net assets of $1.2m.