Chautauqua Foundation Inc

Analysis

Chautauqua Foundation Inc is a registered charity in United States, based in Chautauqua, NY. It received its IRS tax-exemption ruling in December 1938, 88 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chautauqua Foundation Inc reported income of $16.4m and spending of $6.8m, leaving 58% of income unspent that year. Across the 6 years on record, from March 2019 to December 2023, income fell from $16.5m to $16.4m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chautauqua Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Copperhead Charities Inc ($16.4m), Uga Real Estate Foundation Inc ($16.5m) and United Way of Central Florida Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $203k (3.0% of expenses). Other salaries and wages came to $72k. At year end it held assets of $137.0m against liabilities of $889k, net assets of $136.1m. It reported 3 employees.