Cheney Care Foundation

Analysis

Cheney Care Foundation is a registered charity in United States, based in Cheney, WA. It received its IRS tax-exemption ruling in May 1993, 33 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 September 2023, Cheney Care Foundation reported income of $439k and spending of $1.3m, spending 300% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $298k to $439k (+48%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 164% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cheney Care Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Girls Incorporated of Huntsville ($439k), Central Northeast Neighbors ($439k) and Junior League of Boston Incorporated ($439k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 105% of the total. Other salaries and wages came to $23k. At year end it held assets of $4.7m against liabilities of $4.2m, net assets of $529k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.