Cho Inc

Analysis

Cho Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Cho Inc reported income of $252k and spending of $252k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $393k to $252k (-36%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 54%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cho Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include My Home Inc ($252k), Friends of Jireh Inc ($252k) and Rome-Floyd County Community Soup Kitchen Inc ($252k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.