The Chosin Few Inc

Analysis

The Chosin Few Inc is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Chosin Few Inc reported income of $91k and spending of $85k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $91k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Chosin Few Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Alaska Jazz Workshop ($91k), Bay Youth Music Association Inc ($91k) and New Hampshire Mime Company ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.