ZUnclassifiedEIN: 256063943· Ruling Year: 1962

Chambersburg Area Development Corp

Chambersburg, Pennsylvania

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$888K
Total Revenue
📊
$462K
Total Expenses
🏦
$18.1M
Net Assets
📋
$8.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-72.3%
Year-over-year change (2022 → 2023)
Net Margin
+48.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
39.22
Net assets divided by total expenses
Liabilities-to-Assets
31.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$888,05472%$461,8148%$26,310,42639%
2022$3,203,154250%$428,7299%$18,940,52618%
2021$915,98445%$395,12717%$16,114,1791%
2019$1,658,20362%$476,31316%$15,988,27226%
2018$1,026,54317%$569,3439%$21,586,272
2017$878,50323%$523,42610%$21,568,62521%
2016$717,05729%$473,86720%$17,883,3595%
2015$1,006,8358%$594,6818%$18,813,8518%
2014$1,091,59346%$552,93010%$20,507,16017%
2013$746,59138%$616,42913%$17,511,320
2012$539,82316%$545,59169%$17,583,89118%
2011$643,679$1,761,736$14,889,851

Frequently Asked Questions

What does Chambersburg Area Development Corp do?

Chambersburg Area Development Corp is a unclassified nonprofit organization based in Pennsylvania. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Chambersburg Area Development Corp financially healthy?

Based on our 9-metric Financial Health Score model, Chambersburg Area Development Corp has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Chambersburg Area Development Corp generate?

Chambersburg Area Development Corp reports $543K in annual revenue and holds $26.2M in total assets, based on IRS filings.

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