Nate Chute Foundation Inc

Analysis

Nate Chute Foundation Inc is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Nate Chute Foundation Inc reported income of $419k and spending of $402k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $419k (+68%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nate Chute Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MT. Charities of a similar size with the same main cause include Mobile Infirmary Auxiliary Inc ($419k), Mercer Foundation for Health C/O Bruce Peterson Administrator ($419k) and Fisher House in St Louis ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $254k. At year end it held assets of $604k against liabilities of $17k, net assets of $587k. It reported 15 employees.