Chrysalis Inc

Analysis

Chrysalis Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chrysalis Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, Chrysalis Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Young Mens Christian Assoc of Danville Va ($1.8m), Jitb JRS - Arrow at the Gate Learning Center Inc ($1.8m) and Michigan Organization on Adolescent Sexual Health ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (5.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $961k against liabilities of $407k, net assets of $554k. It reported 28 employees.