The Chardi Kalaa Foundation

Analysis

The Chardi Kalaa Foundation is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in April 1998, 28 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 Chardi Kalaa Foundation reported income of $140k and spending of $354k, spending 252% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $140k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 788%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Chardi Kalaa Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Bregman Cares Inc ($140k), Ruths House Inc ($140k) and St Isidore Society of St Vincent de Paul ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.0m against liabilities of $1,461, net assets of $1000k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.