Richard L Hershey Memorial Home Association is a 501(c)(7) organization based in Chambersburg, Pennsylvania, registered in 2004, with $185,594 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$186K
▲ 10.3% vs prior year
Recreation median: $129K
Expenses (FY2023)
$187K
Net assets
$52K
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 Richard L Hershey Memorial Home Association— 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 Richard L Hershey Memorial Home Association: 3 mo reserves · -1% 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 Richard L Hershey Memorial Home Association— 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 Richard L Hershey Memorial Home Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $242K (FY2013) to $186K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-1.0%
Spent more than it raised in the latest fiscal year.
Total assets
$55K
Total liabilities
$2,446
Net assets
$52K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $185,594▲10.3% | $187,420▲1.0% | $52,168▼3.4% | $54,614▼4.0% | 990 |
| 2022 | $168,275▼16.7% | $185,586▲5.0% | $53,994▼24.3% | $56,894▼23.6% | 990 |
| 2021 | $201,981▲69.9% | $176,825▲63.0% | $71,305▲54.5% | $74,481▲54.9% | 990 |
| 2020 | $118,875▼66.3% | $108,451▼68.0% | $46,149▲9.6% | $48,084▼11.6% | 990 |
| 2018 | $352,719▲11.6% | $338,514▲14.0% | $42,113▲50.9% | $54,375▼14.7% | 990 |
| 2017 | $316,018▼6.8% | $296,908▼6.1% | $27,908▲226% | $63,772▲2.4% | 990 |
| 2016 | $338,931▲50.7% | $316,077▲50.2% | $8,573▲286% | $62,261▼6.0% | 990 |
| 2015 | $224,921▲18.1% | $210,499▼0.6% | -$4,604▲75.8% | $66,243▲7.4% | 990 |
| 2014 | $190,464▼21.4% | $211,675▼8.8% | -$19,026▼6237% | $61,701▼7.8% | 990 |
| 2013 | $242,285 | $232,031▲5.7% | $310▲103% | $66,929▼5.7% | 990 |
| 2012 | — | $219,551▼14.7% | -$9,444▼175% | $70,948▲1.8% | 990 |
| 2011 | — | $257,256▲33.9% | $12,582▼68.6% | $69,665▲2.2% | 990 |
| 2010 | — | $192,118 | $40,080 | $68,134 | 990 |
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.
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Data for Richard L Hershey Memorial Home Association (EIN 23-2755083) 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.