Congregation at Duke University Chapel Inc

Analysis

Congregation at Duke University Chapel Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 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 June 2023, Congregation at Duke University Chapel Inc reported income of $442k and spending of $385k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $381k to $442k (+16%), an average of +3.8% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congregation at Duke University Chapel Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Totsland Preschool ($441k), Round Rock Baseball League ($442k) and Strategies to Elevate People Richmond ($441k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $189k (49% of expenses). At year end it held assets of $392k against liabilities of $13k, net assets of $379k. It reported 6 employees.