Chesapeake Stormwater Network Inc

Analysis

Chesapeake Stormwater Network Inc is a registered charity in United States, based in Catonsville, MD. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Chesapeake Stormwater Network Inc reported income of $375k and spending of $321k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $307k to $375k (+22%), an average of +6.9% a year. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Chesapeake Stormwater Network Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Worldopt Institute Inc ($375k), Community Voice Channel ($376k) and The Experimental Farm Network Cooperative ($375k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $87k (27% of expenses). Other salaries and wages came to $93k. At year end it held assets of $316k against liabilities of $26k, net assets of $290k. It reported 3 employees.