Cape Split Chapel

Analysis

Cape Split Chapel is a registered charity in United States, based in Addison, ME. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Cape Split Chapel reported income of $58k and spending of $8,000, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,700 to $58k (+493%), an average of +493% a year. The sharpest change came in the year to December 2023, when income rose by 493%. Over the whole period it spent 16% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cape Split Chapel sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 15th percentile within ME. Charities of a similar size with the same main cause include PTA North Carolina Congress ($57k), United States International Tempest Association ($58k) and Grand Island Nursery School ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.