Chugh Foundation

Analysis

Chugh Foundation is a registered charity in United States, based in Cerritos, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chugh Foundation reported income of $377k and spending of $39k, leaving 90% of income unspent that year. Across the 4 years on record, from September 2021 to December 2023, income grew from $360k to $377k (+4.7%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 501%. Over the whole period it spent 5.1% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chugh Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Evansville Student Christian ($377k), Bible Passages ($377k) and Reap International Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.