Chrysalis Collective

Analysis

Chrysalis Collective is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chrysalis Collective reported income of $199k and spending of $211k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $199k (+11%), an average of +11% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chrysalis Collective sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within SD. Charities of a similar size with the same main cause include Colorado Learning Connections ($199k), GPF Woodson Park NMTC Inc ($200k) and Learning Endeavors ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $6,891 against liabilities of $92k, net assets of -$85k.