Chester Street Foundation

Analysis

Chester Street Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Chester Street Foundation reported income of $182k and spending of $122k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $91k to $182k (+101%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chester Street Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Jessie Banks Foundation ($182k), Elsie Frueh & Anges Beck Memorial Fund ($182k) and Arizona Technology in Education Association ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $32k (27% of expenses). It paid $2,900 in professional fundraising fees. At year end it held assets of $65k against liabilities of $16k, net assets of $49k. It reported 1 employees.