Chair-ity Inc is a 501(c)(3) organization based in Akron, Ohio, registered in 2014, with $371,177 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$371K
▲ 29.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$326K
Net assets
$346K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chair-ity Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chair-ity Inc: 13 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chair-ity Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chair-ity Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $138K (FY2020) to $371K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
12.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$354K
Total liabilities
$8,091
Net assets
$346K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $371,177▲29.6% | $326,368▲11.7% | $345,752▲14.9% | $353,843▲7.9% | 990 |
| 2023 | $286,448▼31.1% | $292,265▼3.5% | $300,943▼0.5% | $328,045▲0.3% | 990 |
| 2022 | $415,829▲94.4% | $302,795▲160% | $302,375▲59.7% | $327,058▲68.6% | 990 |
| 2021 | $213,935▲55.5% | $116,303▲108% | $189,341▲106% | $194,010▲102% | 990 |
| 2020 | $137,600 | $55,828 | $91,709 | $96,043 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Chair-ity Inc totaling $95K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | General support in response to the fundraising efforts of casino night - full house. | 2024 | $12,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $18,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $16,000 |
| American Endowment Foundation | Human service | 2022 | $10,000 |
| Donor Advised Charitable Giving | Human services | 2022 | $7,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,500 |
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Data for Chair-ity Inc (EIN 47-2298771) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.