Chasing Ms Foundation Inc

Analysis

Chasing Ms Foundation Inc is a registered charity in United States, based in McKees Rocks, PA. It received its IRS tax-exemption ruling in May 2023, 3 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, Chasing Ms Foundation Inc reported income of $9.4m and spending of $204k, leaving 98% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $2,600 to $9.4m (+362170%), an average of +5919% a year. The sharpest change came in the year to December 2023, when income rose by 188280%. Over the whole period it spent 2.2% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chasing Ms Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Old Pueblo Community Services ($9.4m), American Muslim Community Foundation ($9.4m) and Park City Community Foundation ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $9.2m against liabilities of $0, net assets of $9.2m.