Chases Place Inc

Analysis

Chases Place Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Chases Place Inc reported income of $626k and spending of $628k, spending 100% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $561k to $626k (+12%), an average of +2.8% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chases Place Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Cultivators ($626k), Lancaster Preschool ($626k) and African Children Today Inc ($626k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 52% and program service revenue 43% of the total. Other salaries and wages came to $371k. At year end it held assets of $370k against liabilities of $62k, net assets of $308k.