Chopra Foundation

Analysis

Chopra Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Chopra Foundation reported income of $1.3m and spending of $1.7m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.3m (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chopra Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Gateways Recovery Inc ($1.3m), Hanover Domestic Violence Task Force Inc ($1.3m) and Castleman Disease Collaborative Network ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $206k (12% of expenses). Other salaries and wages came to $193k. At year end it held assets of $632k against liabilities of $418k, net assets of $215k. It reported 4 employees.