Chess Mates Foundation

Analysis

Chess Mates Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 2023, Chess Mates Foundation reported income of $66k and spending of $71k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $10k to $66k (+543%), an average of +543% a year. The sharpest change came in the year to June 2023, when income rose by 543%. 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, Chess Mates Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Plainville Little League Baseball Inc ($66k), Friends of Perrot State Park Inc ($66k) and Big Chili Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $47k against liabilities of $589, net assets of $46k.