Chesapeake Natives Inc

Analysis

Chesapeake Natives Inc is a registered charity in United States, based in Upper Marlboro, MD. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chesapeake Natives Inc reported income of $186k and spending of $232k, spending 125% of what it took in. Across the 3 years on record, from June 2022 to December 2023, income grew from $145k to $186k (+28%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 259%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chesapeake Natives Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include W20 Foundation ($186k), Association for the Teaching of Bible in Kannapolis Public Schools ($186k) and Community Cooperative Nursery School Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.