Chinatown Fresno Foundation

Analysis

Chinatown Fresno Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Chinatown Fresno Foundation reported income of $67k and spending of $104k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $67k (+2.5%), an average of +2.5% a year. Over the whole period it spent 134% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chinatown Fresno Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Nellie H Stevens Testementary Trusts ($67k), Kingston Community Radio Inc ($67k) and International Modapts Association Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $8,453 against liabilities of $1,474, net assets of $6,979.