Chex Inc

Analysis

Chex Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 2014, 12 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, Chex Inc reported income of $181k and spending of $191k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $198k to $181k (-8.9%), an average of -8.9% a year. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chex Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Music Therapy of the Rockies ($181k), Barstow Acres Childrens Center Inc ($181k) and Natural Grocers Heroes in Aprons Fund ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.