Knowledge Center at Chaddock

Analysis

Knowledge Center at Chaddock is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Knowledge Center at Chaddock reported income of $640k and spending of $577k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $246k to $640k (+160%), an average of +27% a year. The sharpest change came in the year to June 2020, when income rose by 364%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knowledge Center at Chaddock sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Great Beginnings Christian Child Care Center Inc ($640k), Central Florida Down Syndrome Association Inc ($640k) and Cornerstone Christian Child Development Center Inc ($640k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $67k, net assets of $1.1m.