Chester County Futures Inc

Analysis

Chester County Futures Inc is a registered charity in United States, based in Coatsville, PA. It received its IRS tax-exemption ruling in January 2004, 22 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 June 2023, Chester County Futures Inc reported income of $725k and spending of $909k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $838k to $725k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chester County Futures Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Kyoto Symposium Organization ($725k), Roeliff Jansen Community Library ($725k) and Alaska Student Partnership ($724k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $78k (8.5% of expenses). Other salaries and wages came to $418k. At year end it held assets of $600k against liabilities of $189k, net assets of $411k. It reported 14 employees.