Chincoteague Natural History Association Inc

Analysis

Chincoteague Natural History Association Inc is a registered charity in United States, based in Chincoteague, VA. It received its IRS tax-exemption ruling in July 1987, 39 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 September 2023, Chincoteague Natural History Association Inc reported income of $137k and spending of $107k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $172k to $137k (-21%), an average of -5.6% a year. The sharpest change came in the year to September 2022, when income rose by 214%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chincoteague Natural History Association 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 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Connecticut Association of Athletic Directors Inc ($137k), Wrangell Mountains Center ($137k) and Association of Fundraising Professionals ($137k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $21k. At year end it held assets of $109k against liabilities of $627, net assets of $108k. It reported 1 employees.