Chippewa Valley Educational Foundation

Analysis

Chippewa Valley Educational Foundation is a registered charity in United States, based in Clinton TWP, MI. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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 June 2024, Chippewa Valley Educational Foundation reported income of $134k and spending of $135k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $109k to $134k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chippewa Valley Educational Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Hampton Roads Development Corporation ($134k), Unity Urban Ministerial School ($134k) and American Legion Post 52 ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.