Chapel & York US Foundation Inc

Analysis

Chapel & York US Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, Chapel & York US Foundation Inc reported income of $13.6m and spending of $17.9m, spending 132% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $6.8m to $13.6m (+99%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chapel & York US Foundation Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Galesburg Community Foundation ($13.6m), Lakeshore Community Foundation Inc ($13.6m) and Eden Bridge Foundation ($13.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $3.7m against liabilities of $611k, net assets of $3.1m.