Chu Vision Foundation

Analysis

Chu Vision Foundation is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in August 2014, 12 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, Chu Vision Foundation reported income of $97k and spending of $58k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $97k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chu Vision Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Parent Teacher Organization of Arnett C Lines School ($97k), Somerset Scholarship Fund ($97k) and Mechanical Systems Mini University ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.