Chester County Community Foundation Inc

Analysis

Chester County Community Foundation Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Chester County Community Foundation Inc reported income of $20.7m and spending of $8.6m, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $20.7m (+88%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chester County Community Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Eat Learn Play Foundation ($20.4m), University of North Texas Foundation Inc ($20.8m) and Pih Health Inc ($20.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $371k (4.3% of expenses). Other salaries and wages came to $553k. At year end it held assets of $103.2m against liabilities of $7.0m, net assets of $96.2m. It reported 18 employees.