Chapin Memorial Home for Aged Blind

Analysis

Chapin Memorial Home for Aged Blind is a registered charity in United States, based in Wyndmoor Pa, PA. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Chapin Memorial Home for Aged Blind reported income of $392k and spending of $598k, spending 153% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $615k to $392k (-36%), an average of -11% a year. The sharpest change came in the year to November 2022, when income dropped by 68%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chapin Memorial Home for Aged Blind sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Bright Leadership Institute ($392k), Starfish Greathearts Foundation USA ($392k) and 7more Inc ($392k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $14.4m against liabilities of $0, net assets of $14.4m.