Chances for Children
Analysis
Chances for Children is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Chances for Children reported income of $1.7m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 93% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chances for Children sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include David Ortiz Childrens Fund ($1.7m), Pacific Links Foundation ($1.7m) and Beir Yosef ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $99k (5.4% of expenses). Other salaries and wages came to $567k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 1.3%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| David Ortiz Childrens Fund | El Segundo | $1.7m |
| Pacific Links Foundation | Milpitas | $1.7m |
| Beir Yosef | Monsey | $1.7m |
| Goodweave International | Washington | $1.7m |