Board Room Chess Inc

Analysis

Board Room Chess Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Board Room Chess Inc reported income of $181k and spending of $131k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $181k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Board Room Chess Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include School District 95 Educational Foundation ($181k), Living Works ($181k) and Upward Roots Inc ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.