Webster Community Chest Inc

Analysis

Webster Community Chest Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in January 1972, 54 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, Webster Community Chest Inc reported income of $109k and spending of $75k, leaving 31% of income unspent that year. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Webster Community Chest Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Amigos Del Ecuador Foundation Inc ($109k), Mayor Cohens Charity Fund ($109k) and Hope Fund Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $264k against liabilities of $28, net assets of $263k.