Cheney Depot Society

Analysis

Cheney Depot Society is a registered charity in United States, based in Cheney, WA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Cheney Depot Society reported income of $91k and spending of $197k, spending 217% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $91k (-67%), an average of -24% a year. The sharpest change came in the year to December 2020, when income rose by 170%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cheney Depot Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within WA. Charities of a similar size with the same main cause include Nief-Norf ($91k), Sampson County History Museum Inc ($91k) and Sharing Is Caring Foundation ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.0m against liabilities of $12k, net assets of $1.0m.