Federation of Chiropractic Licensing Board

Analysis

Federation of Chiropractic Licensing Board is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Federation of Chiropractic Licensing Board reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.5m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Federation of Chiropractic Licensing Board sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Compass Pro Bono ($1.5m), Montessori Training Center of St Louis Incorporated ($1.5m) and Los Angeles Housing Partnership Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $256k (22% of expenses). Other salaries and wages came to $313k. At year end it held assets of $3.2m against liabilities of $41k, net assets of $3.2m. It reported 6 employees.