Chris Klug Foundation

Analysis

Chris Klug Foundation is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Chris Klug Foundation reported income of $485k and spending of $458k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $485k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chris Klug Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Recovery Cafe Lexington Inc ($485k), Habib Alrahman Charity Foundation ($485k) and Childrens Clinic of Sherman-Trust ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $87k (19% of expenses). Other salaries and wages came to $67k. At year end it held assets of $487k against liabilities of $16k, net assets of $470k. It reported 2 employees.