Chanan Foundation Inc

Analysis

Chanan Foundation Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in October 2001, 25 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 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, Chanan Foundation Inc reported income of $5.3m and spending of $5.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $5.3m (+12%), an average of +2.8% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chanan Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Techforce Foundation ($5.3m), Community Foundation of Southwest Louisiana ($5.3m) and Park County Community Foundation ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $2.9m against liabilities of $190k, net assets of $2.8m. It reported 107 employees.