The Chosen & Dearly Loved Foundation

Analysis

The Chosen & Dearly Loved Foundation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in October 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, The Chosen & Dearly Loved Foundation reported income of $1.2m and spending of $1.6m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.2m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Chosen & Dearly Loved Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Wyoming 211 ($1.2m), All Farmers Inc ($1.2m) and Tedx Portland ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $39k (2.4% of expenses). Other salaries and wages came to $420k. At year end it held assets of $683k against liabilities of $51k, net assets of $632k. It reported 8 employees.