Choong Shik Choi Memorial Fund

Analysis

Choong Shik Choi Memorial Fund is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Choong Shik Choi Memorial Fund reported income of $63k and spending of $1,050, leaving 98% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $5,339 to $63k (+1085%), an average of +244% a year. The sharpest change came in the year to December 2023, when income rose by 394%. Over the whole period it spent 20% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Choong Shik Choi Memorial Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Equality Crew ($63k), Aledo High School Project Celebration Inc ($63k) and Oregon State Police Foundation Inc ($63k).

At year end it held assets of $1.7m against liabilities of $310k, net assets of $1.4m.