Chesapeake Group Homes Inc

Analysis

Chesapeake Group Homes Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in April 1980, 46 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, Chesapeake Group Homes Inc reported income of $5.9m and spending of $4.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.9m (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chesapeake Group Homes Inc sits at the 91st percentile: it is larger than about 91% 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 Services Now for Adult Persons Inc ($5.9m), Evergreen Commons Inc ($5.9m) and Accomplis Collective ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 9.3% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $4.6m against liabilities of $1.8m, net assets of $2.7m. It reported 78 employees.