Friends of Chimacum Schools

Analysis

Friends of Chimacum Schools is a registered charity in United States, based in Chimacum, WA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Chimacum Schools reported income of $147k and spending of $107k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $147k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Chimacum Schools sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Carl Sandburg Athletic Booster Club ($146k), Kinship of Tomahawk Inc ($147k) and Iit Delhi Excellence Foundation Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.