Chestnut Hill Community Development Corporation

Analysis

Chestnut Hill Community Development Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 May 2023, Chestnut Hill Community Development Corporation reported income of $79k and spending of $73k, spending 92% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $132k to $79k (-40%), an average of -40% a year. The sharpest change came in the year to May 2023, when income dropped by 40%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chestnut Hill Community Development Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Glimmer of Hope Foundation ($79k), Family Medical Care Clinics Corporation a Professional Associa ($79k) and Hugh Chatham Memorial Hospital Auxiliary ($79k).

On its Form 990-EZ for the period ending May 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.