Chapman Hyperlocal Media Inc

Analysis

Chapman Hyperlocal Media Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chapman Hyperlocal Media Inc reported income of $111k and spending of $91k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $111k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chapman Hyperlocal Media Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include Betheden Ministries ($111k), Resonance Collective ($111k) and Black in Neuro Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.