Chevra Inc
Chevra Inc. maintains substantial assets but frequently operates with expenses exceeding revenue, reporting no officer compensation.
EIN: 201261430 · Merion Sta, PA · NTEE: A23 · Updated: 2026-03-28
Is Chevra Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chevra Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chevra Inc
Chevra Inc (EIN: 201261430) is a nonprofit organization based in Merion Sta, PA, classified under NTEE code A23. The organization reported total revenue of $825K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chevra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chevra Inc is a small nonprofit that has been operating for 21 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $839K |
| Total Expenses | $892K |
| Surplus / Deficit | $-53,217 |
| Total Assets | $2.1M |
| Total Liabilities | $57K |
| Net Assets | $2.0M |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 28.1 months |
Financial Health Grade: B
In 2023, Chevra Inc reported a deficit of $53K with expenses exceeding revenue, holds 28.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 15 years of filings (2009–2023), Chevra Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | +14.2% | -0.6% |
| 2022 | +36.7% | +66.1% | -5.0% |
| 2021 | -37.8% | +3.6% | +0.2% |
| 2020 | -2.5% | -40.8% | +26.0% |
| 2019 | +1.2% | -11.6% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chevra Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Chevra Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Chevra Inc. consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chevra Inc's IRS 990 filings:
- Recurring periods where expenses exceed revenue (e.g., 202312, 202212, 201812, 201612), indicating potential operational sustainability challenges if not addressed.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, which limits a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Chevra Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing resources to the mission and high transparency regarding executive pay.
- Substantial and growing asset base, reaching $2,284,914, providing financial stability and resilience.
- Long filing history (15 filings), suggesting a well-established and consistently reporting organization.
Frequently Asked Questions about Chevra Inc
Is Chevra Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chevra Inc (EIN: 201261430) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Chevra Inc spend its money?
Chevra Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chevra Inc tax-deductible?
Chevra Inc is registered as a tax-exempt nonprofit (EIN: 201261430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Chevra Inc. cover its operational deficits in years where expenses exceed revenue?
In periods like 202312, where expenses ($892,090) exceeded revenue ($838,873), the organization likely draws from its accumulated assets or reserves to cover the shortfall. This is sustainable in the short term given its substantial assets ($2,088,183 in 202312), but a long-term trend could deplete reserves.
What is the specific breakdown of Chevra Inc.'s program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial for a more precise assessment of spending efficiency and mission focus.
Does the 0% officer compensation mean all executives are volunteers?
While 0% officer compensation strongly suggests a volunteer-led executive team, it's also possible that compensation for individuals performing executive duties is reported under other expense categories (e.g., salaries and wages for non-officer staff). Further review of the full 990 form would clarify this.
Filing History
IRS 990 filing history for Chevra Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Chevra Inc's revenue has grown by 226.8%, moving from $257K to $839K. Total assets increased by 1810.8% over the same period, from $109K to $2.1M. Total functional expenses rose by 208.9%, from $289K to $892K. In its most recent filing year (2023), Chevra Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $57K in liabilities against $2.1M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $839K | $892K | $2.1M | $57K | — | — |
| 2022 | $709K | $781K | $2.1M | $17K | — | View 990 |
| 2021 | $518K | $470K | $2.2M | $55K | — | View 990 |
| 2020 | $834K | $454K | $2.2M | $99K | — | View 990 |
| 2019 | $855K | $768K | $1.8M | $24K | — | View 990 |
| 2018 | $845K | $868K | $1.8M | $158K | — | View 990 |
| 2017 | $845K | $763K | $1.9M | $213K | — | View 990 |
| 2016 | $612K | $673K | $1.8M | $195K | — | View 990 |
| 2015 | $922K | $670K | $1.9M | $253K | — | View 990 |
| 2014 | $833K | $634K | $1.7M | $265K | — | View 990 |
| 2013 | $689K | $638K | $1.4M | $248K | — | View 990 |
| 2012 | $1.0M | $682K | $1.3M | $169K | — | View 990 |
| 2011 | $1.1M | $464K | $877K | $98K | — | View 990 |
| 2010 | $721K | $445K | $395K | $125K | — | View 990 |
| 2009 | $257K | $289K | $109K | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $839K, expenses of $892K, and assets of $2.1M (revenue +18.4% year-over-year).
- 2022: Revenue of $709K, expenses of $781K, and assets of $2.1M (revenue +36.7% year-over-year).
- 2021: Revenue of $518K, expenses of $470K, and assets of $2.2M (revenue -37.8% year-over-year).
- 2020: Revenue of $834K, expenses of $454K, and assets of $2.2M (revenue -2.5% year-over-year).
- 2019: Revenue of $855K, expenses of $768K, and assets of $1.8M (revenue +1.2% year-over-year).
- 2018: Revenue of $845K, expenses of $868K, and assets of $1.8M (revenue +0.1% year-over-year).
- 2017: Revenue of $845K, expenses of $763K, and assets of $1.9M (revenue +38.1% year-over-year).
- 2016: Revenue of $612K, expenses of $673K, and assets of $1.8M (revenue -33.7% year-over-year).
- 2015: Revenue of $922K, expenses of $670K, and assets of $1.9M (revenue +10.7% year-over-year).
- 2014: Revenue of $833K, expenses of $634K, and assets of $1.7M (revenue +20.9% year-over-year).
- 2013: Revenue of $689K, expenses of $638K, and assets of $1.4M (revenue -34.0% year-over-year).
- 2012: Revenue of $1.0M, expenses of $682K, and assets of $1.3M (revenue -2.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $464K, and assets of $877K (revenue +48.6% year-over-year).
- 2010: Revenue of $721K, expenses of $445K, and assets of $395K (revenue +180.8% year-over-year).
- 2009: Revenue of $257K, expenses of $289K, and assets of $109K.
Data Sources and Methodology
This transparency report for Chevra Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.