CHC Qalicb II Inc

Analysis

CHC Qalicb II Inc is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in November 2019, 7 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CHC Qalicb II Inc reported income of $1.6m and spending of $2.5m, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $146k to $1.6m (+1027%), an average of +83% a year. The sharpest change came in the year to June 2020, when income rose by 1019%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CHC Qalicb II Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Community Ventures Inc ($1.6m), Savusavu Community Foundation ($1.6m) and House of Charity ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $37.8m against liabilities of $36.9m, net assets of $911k.