Chesterfield-Colonial Heights Alliance for Social Ministry

Analysis

Chesterfield-Colonial Heights Alliance for Social Ministry is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in July 1991, 35 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 2023, Chesterfield-Colonial Heights Alliance for Social Ministry reported income of $189k and spending of $209k, spending 111% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $364k to $189k (-48%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chesterfield-Colonial Heights Alliance for Social Ministry sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Jonesboro Jets Swim Team Inc ($189k), Goshen County Library Foundation Inc ($189k) and Timberville Volunteer Fire Department Incorporated ($189k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $123k. At year end it held assets of $108k against liabilities of $13k, net assets of $94k. It reported 5 employees.

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.