Chester Community Improvement Project Inc

Analysis

Chester Community Improvement Project Inc is a registered charity in United States, based in Chester, PA. It received its IRS tax-exemption ruling in August 1980, 46 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, Chester Community Improvement Project Inc reported income of $586k and spending of $447k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $586k (+214%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 891%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chester Community Improvement Project Inc 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 71st percentile within PA. Charities of a similar size with the same main cause include Frankford Senior Housing Associates ($586k), Rta Incorporated ($586k) and Habitat for Humanity International Inc ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $77k (17% of expenses). Other salaries and wages came to $52k. At year end it held assets of $550k against liabilities of $207k, net assets of $343k. It reported 2 employees.