Chatham Education Foundation

Analysis

Chatham Education Foundation is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Chatham Education Foundation reported income of $251k and spending of $276k, spending 110% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $166k to $251k (+51%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 114%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chatham Education Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Miller Zell Charities Inc ($251k), The James P Thorne Charitable Endowment ($251k) and Ase Education and Research Foundation Inc ($251k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (18% of expenses). Other salaries and wages came to $52k. At year end it held assets of $315k against liabilities of $0, net assets of $315k. It reported 4 employees.