Chloes Courage Fund

Analysis

Chloes Courage Fund is a registered charity in United States, based in Clearwater, MN. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Chloes Courage Fund reported income of $66k and spending of $14k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $571k to $66k (-89%), an average of -66% a year. The sharpest change came in the year to December 2022, when income dropped by 90%. Over the whole period it spent 5.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chloes Courage Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Smiley for Kylie Inc ($66k), American Friends of Ahl Masr Corp ($66k) and Avicenna Community Health Center ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 81% of the total. At year end it held assets of $782k against liabilities of $0, net assets of $782k.