A Chance for Children Foundation Inc

Analysis

A Chance for Children Foundation Inc is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, A Chance for Children Foundation Inc reported income of $363k and spending of $173k, leaving 52% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $251k to $363k (+45%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, A Chance for Children Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Port Angeles Marathon Association ($363k), Houston Rangers SC ($364k) and Little League Baseball Inc ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $977k against liabilities of $9,788, net assets of $968k.