Chadwick Residence Incorporated

Analysis

Chadwick Residence Incorporated is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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, Chadwick Residence Incorporated reported income of $590k and spending of $600k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $573k to $590k (+3.0%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chadwick Residence Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Redwood City Education Foundation ($590k), Hillel the Foundation for Jewish Campus Life ($591k) and Visiting Nurse Assn Foundation ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $39k (6.5% of expenses). Other salaries and wages came to $227k. At year end it held assets of $616k against liabilities of $353k, net assets of $263k. It reported 28 employees.