Chestnut Manor Association

Analysis

Chestnut Manor Association is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Chestnut Manor Association reported income of $234k and spending of $252k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $234k (-3.7%), an average of -0.9% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chestnut Manor Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include NSP III Inc ($233k), Schuyler Community Development Inc ($234k) and Dickinson Senior Housing Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $40k (16% of expenses). Other salaries and wages came to $29k. At year end it held assets of $86k against liabilities of $247k, net assets of -$161k.