Chesco Services

Analysis

Chesco Services is a registered charity in United States, based in Chesterfield, SC. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Chesco Services reported income of $425k and spending of $5,000, leaving 99% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $16k to $425k (+2511%), an average of +126% a year. The sharpest change came in the year to June 2023, when income rose by 1824%. Over the whole period it spent 15% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chesco Services sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Wisconsin Dental Association Foundation Inc ($425k), Spring Branch Center Building Foundation ($425k) and The Finley Project Inc ($425k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. At year end it held assets of $10.1m against liabilities of $4.1m, net assets of $6.0m.