Community Chest of Englewood

Analysis

Community Chest of Englewood is a registered charity in United States, based in Englewood, NJ. It received its IRS tax-exemption ruling in July 1936, 90 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 September 2023, Community Chest of Englewood reported income of $323k and spending of $315k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $323k to $323k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Chest of Englewood sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Indy Foundation ($323k), Million Kids ($323k) and Parkland Cares Inc ($323k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). Other salaries and wages came to $25k. At year end it held assets of $445k against liabilities of $3,552, net assets of $442k. It reported 2 employees.