Chase Richards Foundation

Analysis

Chase Richards Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2023, Chase Richards Foundation reported income of $554k and spending of $506k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $283k to $554k (+96%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 128%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chase Richards Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Project Rescue Inc ($554k), Single Cause Single Cure ($554k) and Breathe New Hampshire ($554k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. Other salaries and wages came to $22k. At year end it held assets of $959k against liabilities of $0, net assets of $959k.