Chance Foundation

Analysis

Chance Foundation is a registered charity in United States, based in Catlett, VA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Chance Foundation reported income of $136k and spending of $150k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $136k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 105% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Chance Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Brindle Buddies & Friends Inc ($136k), Hearts of Hope Dog Rescue ($136k) and Handsome Dans Rescue for Pit Bull Type Dogs ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $151k against liabilities of $39k, net assets of $112k.

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.