Chiefs Football Inc

Analysis

Chiefs Football Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Chiefs Football Inc reported income of $122k and spending of $105k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $110k to $122k (+11%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 210%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chiefs Football Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Nappanee Conservation Club Inc ($122k), Glory Ridge ($122k) and Kennwick Grid Kids ($122k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 26% and program service revenue 34% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.