Chestnut Ridge Alumni and Athleticassociation Inc

Analysis

Chestnut Ridge Alumni and Athleticassociation Inc is a registered charity in United States, based in Fishertown, PA. It received its IRS tax-exemption ruling in August 2007, 19 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 June 2023, Chestnut Ridge Alumni and Athleticassociation Inc reported income of $62k and spending of $57k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $62k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chestnut Ridge Alumni and Athleticassociation 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 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Casa Brazil Inc ($62k), Texas Briar Club Foundation ($62k) and United Way of Paulding County ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.