Foundation for Chiropractic Education

Analysis

Foundation for Chiropractic Education is a registered charity in United States, based in Georgetown, CA. It received its IRS tax-exemption ruling in May 2016, 10 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, Foundation for Chiropractic Education reported income of $1.6m and spending of $999, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $1.6m (+11333%), an average of +11333% a year. The sharpest change came in the year to December 2023, when income rose by 11333%. Over the whole period it spent 0.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Chiropractic Education sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Crosspointe Christian Academy Inc ($1.5m), Camp Catanese Foundation ($1.6m) and Beyond Basics Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $74k, net assets of $1.6m.