Chesapeake Water Environment Association Inc

Analysis

Chesapeake Water Environment Association Inc is a registered charity in United States, based in Gettysburg, PA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Chesapeake Water Environment Association Inc reported income of $230k and spending of $162k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $230k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chesapeake Water Environment Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include South Carolina Dialogue Foundation ($230k), Chandler Service Club ($230k) and 1berkshire Strategic Alliance Foundation Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.