Chor Youth & Family Services Inc

Analysis

Chor Youth & Family Services Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Chor Youth & Family Services Inc reported income of $30.2m and spending of $28.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.4m to $30.2m (+126%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chor Youth & Family Services 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 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Shield of David Inc Dba the Shield Institute ($30.2m), Episcopal Church Home & Affiliates Life Care Community Inc ($30.3m) and Young Mens Christian Association of Greater Tulsa ($30.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. At year end it held assets of $16.5m against liabilities of $1.7m, net assets of $14.8m.