Chadron State Foundation

Analysis

Chadron State Foundation is a registered charity in United States, based in Chadron, NE. It received its IRS tax-exemption ruling in February 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chadron State Foundation reported income of $2.6m and spending of $2.2m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.6m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chadron State Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include American Farm Bureau Foundation for Agriculture ($2.6m), Young Mens Christian Association of Klamath County ($2.6m) and Childrens Heartlink ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $383k. At year end it held assets of $34.3m against liabilities of $1.1m, net assets of $33.2m.