Chess & Education Corp

Analysis

Chess & Education Corp is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chess & Education Corp reported income of $176k and spending of $178k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $176k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chess & Education Corp sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Helping Hands for Haiti ($176k), American Society for Public Administration ($176k) and Lycoming County Childrens Development Center ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,140 against liabilities of $0, net assets of $9,140.