Chortek Weisman Family Foundation

Analysis

Chortek Weisman Family Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chortek Weisman Family Foundation reported income of $210k and spending of $645k, spending 307% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $607k to $210k (-65%), an average of -23% a year. The sharpest change came in the year to June 2022, when income rose by 3562%. Over the whole period it spent 23% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chortek Weisman Family Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Friends of Coochs Bridge Historic Site Inc ($210k), Unity Music Foundation ($210k) and Bengal Touchdown Club ($210k).

At year end it held assets of $8.9m against liabilities of $0, net assets of $8.9m.