Chera Inc

Analysis

Chera Inc is a registered charity in United States, based in Lakleand, FL. It received its IRS tax-exemption ruling in January 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Chera Inc reported income of $81k and spending of $31k, leaving 62% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $84k to $81k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to March 2022, when income rose by 82%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chera Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include PTA Georgia Congress ($81k), Kalida Local School Athletic Booster Club ($81k) and Hudson Players Guild Inc the ($81k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $704k against liabilities of $0, net assets of $704k.