John Austin Cheley Foundation

Analysis

John Austin Cheley Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1990, 36 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 (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, John Austin Cheley Foundation reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $794k to $1.1m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, John Austin Cheley Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Wichita Swim Club ($1.1m), Falmouth Youth Hockey League Inc ($1.1m) and Project Ezra of Greater Baltimore Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $132k (12% of expenses). Other salaries and wages came to $198k. At year end it held assets of $5.2m against liabilities of $423k, net assets of $4.8m. It reported 5 employees.