Chase City Community Services Inc

Analysis

Chase City Community Services Inc is a registered charity in United States, based in Chase City, VA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2021, Chase City Community Services Inc reported income of $66k and spending of $22k, leaving 66% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $75k to $66k (-12%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chase City Community Services Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Recover Michiana Inc ($66k), John Ball Area Neighbors Inc ($66k) and Witco Mary C Niland Foundation Inc ($66k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 60% of the total. At year end it held assets of $2.2m against liabilities of $267k, net assets of $1.9m.