Chastella Inc

Analysis

Chastella Inc is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chastella Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $2.5m (+92%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chastella Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Nueva Luz Urban Resource Center ($2.5m), Hobby Horse House of Jacksonville ($2.5m) and South-East Asia Center ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $128k (5.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $777k against liabilities of $320k, net assets of $458k. It reported 43 employees.