Chef Ann Foundation

Analysis

Chef Ann Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in May 2009, 17 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, Chef Ann Foundation reported income of $8.8m and spending of $7.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $8.8m (+424%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chef Ann Foundation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Hawaii 3rs ($8.7m), Success Preparatory Academy ($8.8m) and Mohave Accelerated Learning Center ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $281k (3.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $4.4m against liabilities of $1.2m, net assets of $3.3m. It reported 57 employees.