Chemical Educational Foundation
Analysis
Chemical Educational Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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 2024, Chemical Educational Foundation reported income of $1.2m and spending of $1.5m, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $1.2m (-8.1%), an average of -2.1% a year. Over the whole period it spent 104% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chemical Educational Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Westmoor Gardens Inc ($1.2m), Louisiana Soccer Association ($1.2m) and Waynesboro Day Care Center ($1.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $287k (19% of expenses). Other salaries and wages came to $451k. At year end it held assets of $1.4m against liabilities of $230k, net assets of $1.1m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Westmoor Gardens Inc | Englewood | $1.2m |
| Louisiana Soccer Association | Baton Rouge | $1.2m |
| Waynesboro Day Care Center | Waynesboro | $1.2m |
| Soar Career Solutions | Duluth | $1.2m |