Chance Project

Analysis

Chance Project is a registered charity in United States, based in Victorville, CA. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Chance Project reported income of $99k and spending of $62k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $394k to $99k (-75%), an average of -29% a year. The sharpest change came in the year to December 2020, when income rose by 175%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chance Project sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Aarons Hands Ministries Inc ($99k), Bangor YMCA Foundation ($99k) and Hindu American Community Services Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $77k against liabilities of $2,500, net assets of $74k.