Chesterwye Center Inc

Analysis

Chesterwye Center Inc is a registered charity in United States, based in Grasonville, MD. It received its IRS tax-exemption ruling in May 1973, 53 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 June 2023, Chesterwye Center Inc reported income of $6.4m and spending of $6.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $6.4m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chesterwye Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Pacific Primary ($6.4m), Communities United for Restorative Youth Justice ($6.4m) and Seed Savers Exchange Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $289k (4.5% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $4.2m against liabilities of $992k, net assets of $3.2m. It reported 112 employees.