Fort Chadbourne Foundation

Analysis

Fort Chadbourne Foundation is a registered charity in United States, based in Bronte, TX. It received its IRS tax-exemption ruling in July 2004, 22 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, Fort Chadbourne Foundation reported income of $395k and spending of $374k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $423k to $395k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income rose by 199%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Chadbourne Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Andover Community Access and Media Inc ($395k), Arts Council Inc Union Co ($395k) and Psychometric Society Educational Testing Service ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $43k (11% of expenses). Other salaries and wages came to $90k. At year end it held assets of $8.4m against liabilities of $26k, net assets of $8.4m. It reported 4 employees.