Chadasha Foundation

Analysis

Chadasha Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in April 2010, 16 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Chadasha Foundation reported income of $178k and spending of $134k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $134k to $178k (+33%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 151% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chadasha Foundation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Into Africa Inc ($178k), Free Migration Project ($178k) and Lecudo USA Corp ($177k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.