Chestnut Ridge Wellness & Fitness

Analysis

Chestnut Ridge Wellness & Fitness is a registered charity in United States, based in Alum Bank, PA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Chestnut Ridge Wellness & Fitness reported income of $62k and spending of $48k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $62k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chestnut Ridge Wellness & Fitness sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Titans Inc ($62k), Grand River Conservation Club ($62k) and Kingmans Healing Hooves Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 59% of the total. At year end it held assets of $64k against liabilities of $20k, net assets of $44k.