Chase Memorial Community Center Inc

Analysis

Chase Memorial Community Center Inc is a registered charity in United States, based in New Berlin, NY. It received its IRS tax-exemption ruling in October 1949, 77 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chase Memorial Community Center Inc reported income of $90k and spending of $7,329, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $90k (+21%), an average of +4.8% a year. Over the whole period it spent 10% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chase Memorial Community Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Vicars Landing Foundation Inc ($90k), Dress for Success Central Virginia ($90k) and Reentry House Plus Incorporated ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 2.4% of the total. At year end it held assets of $1.4m against liabilities of $139k, net assets of $1.3m.