The Chattery

Analysis

The Chattery is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Chattery reported income of $286k and spending of $271k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $257k to $286k (+11%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Chattery sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Diversity Pledge Institute ($286k), Lake Champlain Lifelong Learning Fund Inc ($287k) and Junior League of Evanston-North Shore Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $90k (33% of expenses). At year end it held assets of $15k against liabilities of $17k, net assets of -$2,100. It reported 2 employees.