Westminster-Canterbury on Chesapeake Bay Foundation

Analysis

Westminster-Canterbury on Chesapeake Bay Foundation is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Westminster-Canterbury on Chesapeake Bay Foundation reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.4m to $1.9m (-57%), an average of -19% a year. The sharpest change came in the year to September 2020, when income dropped by 65%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Westminster-Canterbury on Chesapeake Bay Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Commonspirit Health Research Institute ($1.9m), Plum Emergency Medical Services Inc ($1.9m) and Tel Hai Services Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $197k. At year end it held assets of $17.0m against liabilities of $374k, net assets of $16.7m.