Chestnut Hill Community Center

Analysis

Chestnut Hill Community Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1965, 61 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, Chestnut Hill Community Center reported income of $133k and spending of $87k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $133k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 663%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chestnut Hill Community Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Robeson County Arts Council ($133k), Autauga County Heritage Association ($133k) and Shaw Island Library and Historical Society Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $24k (28% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.