Chinook Fund

Analysis

Chinook Fund is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1988, 38 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 June 2024, Chinook Fund reported income of $995k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $838k to $995k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chinook Fund sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Henrys Place ($995k), Prior Lake Rotary Foundation ($996k) and Birthday Wishes Inc ($994k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $143k (13% of expenses). Other salaries and wages came to $404k. At year end it held assets of $2.9m against liabilities of $205k, net assets of $2.7m. It reported 7 employees.