Choc Foundation

Analysis

Choc Foundation is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover health care, 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, Choc Foundation reported income of $41.8m and spending of $39.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.5m to $41.8m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Choc Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Alliance for Childhood Diseases ($41.8m), United Odd Fellow and Rebekah Home ($41.8m) and Shawnee Health Service and Development Corp ($41.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $767k (2.0% of expenses). Other salaries and wages came to $172k. At year end it held assets of $114.4m against liabilities of $9.3m, net assets of $105.1m. It reported 66 employees.