Chestnut Resolutions Inc NFP

Analysis

Chestnut Resolutions Inc NFP is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Chestnut Resolutions Inc NFP reported income of $96k and spending of $129k, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $95k to $96k (+1.0%), an average of +0.3% a year. Over the whole period it spent 134% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Chestnut Resolutions Inc NFP sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Boxser Diversity Initiative Inc ($96k), Grand Canyon Institute ($96k) and Elizabethtown Police Foundation ($96k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $12k. At year end it held assets of $644k against liabilities of $1.3m, net assets of -$666k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.