Chehalis Tribal Loan Fund

Analysis

Chehalis Tribal Loan Fund is a registered charity in United States, based in Oakville, WA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Chehalis Tribal Loan Fund reported income of $501k and spending of $321k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $501k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chehalis Tribal Loan Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Iowa Community Capital ($500k), Brooklyn Bridge Manhattan ($501k) and Strongertowns ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $125k (39% of expenses). Other salaries and wages came to $18k. At year end it held assets of $1.4m against liabilities of $407k, net assets of $990k. It reported 3 employees.