Chesterfield County Coordinating Council

Analysis

Chesterfield County Coordinating Council is a registered charity in United States, based in Chesterfield, SC. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, Chesterfield County Coordinating Council reported income of $131k and spending of $170k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $225k to $131k (-42%), an average of -13% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 124% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chesterfield County Coordinating Council sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Main Street Collierville ($131k), Partnership Homeless Facilities Corporation ($131k) and Village of Love and Resistance ($131k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $41k (24% of expenses). Other salaries and wages came to $23k. At year end it held assets of $65k against liabilities of $77k, net assets of -$12k.

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.