Chesapeake K9 Fund

Analysis

Chesapeake K9 Fund is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in December 2016, 10 years ago. 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, Chesapeake K9 Fund reported income of $68k and spending of $80k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $68k (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chesapeake K9 Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Grass Lake Cooperative Preschool Inc ($68k), Segue Foundation Inc ($68k) and Ramsey County Sheriffs Foundation ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.