Chaplains on the Way Inc
Analysis
Chaplains on the Way Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chaplains on the Way Inc reported income of $145k and spending of $117k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $102k to $145k (+43%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 77% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Chaplains on the Way Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include American Friends of Mosdos Bais Dovid ($145k), Prov 31 Ministries ($145k) and Coffee & Cream of South Milford ($145k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Mosdos Bais Dovid | Brooklyn | $145k |
| Prov 31 Ministries | RCH Cucamonga | $145k |
| Coffee & Cream of South Milford | Wolcottville | $145k |
| Ancient Promise | Phoenix | $145k |