FC Chesco

Analysis

FC Chesco is a registered charity in United States, based in Unionville, PA. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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 December 2023, FC Chesco reported income of $543k and spending of $420k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $453k to $543k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FC Chesco sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Merrick Community Nursery School ($543k), Warwick Foundation Inc ($543k) and NCR of Solvay Housing Development Fund Co Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $667k against liabilities of $0, net assets of $667k.