Chester Agricultural Center Inc

Analysis

Chester Agricultural Center Inc is a registered charity in United States, based in Chester, NY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Agricultural Center Inc reported income of $1.4m and spending of $489k, leaving 66% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 397%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chester Agricultural Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include American Friends of Yisa Bracha Inc ($1.4m), Pass It on Center ($1.4m) and Brotherhood Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% of the total. Compensation of current officers, directors and key employees was $81k (17% of expenses). Other salaries and wages came to $62k. At year end it held assets of $3.9m against liabilities of $221k, net assets of $3.7m. It reported 28 employees.