Chax Press Inc

Analysis

Chax Press Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chax Press Inc reported income of $73k and spending of $73k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $43k to $73k (+69%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chax Press Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within AZ. Charities of a similar size with the same main cause include Mexican American Cultural Education Foundation ($73k), Hokka Nichi Bei Kai Japanese American Assn of Northern Calif ($73k) and Ti Ti Tabor Hungarian Folk Camp ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. At year end it held assets of $2,379 against liabilities of $0, net assets of $2,379.