Chinook Enterprises

Analysis

Chinook Enterprises is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Chinook Enterprises reported income of $3.1m and spending of $2.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chinook Enterprises sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Sacramento Regional Family Justice Center Foundation ($3.1m), LA Fe Preparatory School Inc ($3.1m) and Mosholu Preservation Corporation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $255k (9.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.3m against liabilities of $289k, net assets of $4.0m. It reported 79 employees.