Chestnut Hill Conservancy

Analysis

Chestnut Hill Conservancy is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1968, 58 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chestnut Hill Conservancy reported income of $562k and spending of $545k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $480k to $562k (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chestnut Hill Conservancy sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Sounds Good Choir NFP ($562k), Goodwood Museum and Gardens Inc ($562k) and A Source of Joy Theatricals Inc ($562k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $88k (16% of expenses). Other salaries and wages came to $238k. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 10 employees.