Gates-Chili Color Guard Parents Inc

Analysis

Gates-Chili Color Guard Parents Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Gates-Chili Color Guard Parents Inc reported income of $405k and spending of $374k, spending 93% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $251k to $405k (+61%), an average of +17% a year. The sharpest change came in the year to July 2022, when income rose by 212%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gates-Chili Color Guard Parents Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Del Norte Highschool Music Boosters ($405k), Open Studio Project Inc ($405k) and Golden Gate Symphony and Chorus ($405k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.8% of the total. Compensation of current officers, directors and key employees was $23k (6.1% of expenses). Other salaries and wages came to $77k. At year end it held assets of $540k against liabilities of $229k, net assets of $311k. It reported 20 employees.