Chenega Heritage Inc

Analysis

Chenega Heritage Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 2008, 18 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, Chenega Heritage Inc reported income of $60k and spending of $34k, leaving 44% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $29k to $60k (+107%), an average of +16% a year. The sharpest change came in the year to December 2019, when income rose by 131%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chenega Heritage Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within AK. Charities of a similar size with the same main cause include American Mountain Men ($60k), Fort Loramie Historical Association Incorporated ($60k) and Washington Community Concerts Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% of the total. Compensation of current officers, directors and key employees was $8,000 (24% of expenses). At year end it held assets of $84k against liabilities of $0, net assets of $84k.