Chalcedon Inc

Analysis

Chalcedon Inc is a registered charity in United States, based in Vallecito, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 January 2024, Chalcedon Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $975k to $1.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to January 2022, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chalcedon Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Longmont Meals on Wheels Inc ($1.2m), Animal Balance ($1.2m) and Faunalytics ($1.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 91% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $144k (12% of expenses). Other salaries and wages came to $533k. At year end it held assets of $1.5m against liabilities of $44k, net assets of $1.5m. It reported 14 employees.