Kutturan Chamoru Foundation

Analysis

Kutturan Chamoru Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Kutturan Chamoru Foundation reported income of $371k and spending of $285k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $371k (+1202%), an average of +90% a year. The sharpest change came in the year to December 2021, when income rose by 3529%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kutturan Chamoru Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Shine on Performing Arts ($371k), Doma Development Corp ($371k) and Centro Cultural Hispano de San Marcos ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. At year end it held assets of $691k against liabilities of $4,191, net assets of $687k.