Choc Foundation is a 501(c)(3) organization based in Orange, California, registered in 1965, with $56,192,245 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$56.2M
▲ 34.4% vs prior year
Health median: $840K
Expenses (FY2023)
$39.0M
Net assets
$127.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Choc Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Choc Foundation: 39 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Choc Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Choc Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $31.2M (FY2013) to $56.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
30.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$137.0M
Total liabilities
$9.1M
Net assets
$127.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $56,192,245▲34.4% | $39,015,092▼0.7% | $127,864,720▲21.6% | $137,010,566▲19.8% | 990 |
| 2022 | $41,796,921▼8.3% | $39,270,421▼2.3% | $105,109,706▲7.0% | $114,385,665▲4.2% | 990 |
| 2021 | $45,604,611▲15.9% | $40,192,612▲21.5% | $98,214,715▼3.4% | $109,760,102▼1.0% | 990 |
| 2020 | $39,351,091▼23.3% | $33,083,025▼12.6% | $101,653,729▲15.2% | $110,874,633▲21.5% | 990 |
| 2019 | $51,294,493▲33.1% | $37,830,963▲1.4% | $88,245,452▲18.8% | $91,223,455▲17.1% | 990 |
| 2018 | $38,548,517▼4.3% | $37,293,955▲40.5% | $74,256,865▲4.1% | $77,909,048▲4.5% | 990 |
| 2017 | $40,270,971▲32.5% | $26,547,216▼30.0% | $71,352,139▲15.2% | $74,531,199▲17.5% | 990 |
| 2016 | $30,388,256▲24.6% | $37,904,682▲21.7% | $61,962,594▼8.4% | $63,406,293▼7.8% | 990 |
| 2015 | $24,384,092▼12.1% | $31,134,665▲32.0% | $67,664,425▼10.1% | $68,791,124▼10.8% | 990 |
| 2014 | $27,726,816▼11.2% | $23,593,535▲7.7% | $75,233,785▲3.8% | $77,159,565▲5.1% | 990 |
| 2013 | $31,212,193 | $21,903,335▲5.6% | $72,465,130▲95.1% | $73,412,943▲92.1% | 990 |
| 2011 | — | $20,743,867▼56.3% | $37,135,246▲4.2% | $38,208,879▲5.1% | 990 |
| 2010 | — | $47,474,394▲246% | $35,638,465▲8.5% | $36,350,124▲9.3% | 990 |
| 2009 | — | $13,738,874 | $32,859,190 | $33,261,526 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
181 grants to Choc Foundation totaling $40.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hoag Memorial Hospital Presbyterian | Choc diab center operating grant | 2024 | $1,196,300 |
| Charities Aid Foundation America | Charitable donation | 2024 | $135,081 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $102,000 |
| American Endowment Foundation | Health, general | 2024 | $100,000 |
| Telescope Fund | General support | 2024 | $100,000 |
| American Online Giving Foundation Inc | General support | 2024 | $67,914 |
| Credit Unions In the State of California | To assist in providing resources that nurture, advance and protect the well-being of children. | 2024 | $56,500 |
| Arizona Community Foundation | This award is restricted support for rheumatology, designated to the dr. shulman endowment program | 2024 | $55,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $45,290 |
| American Cancer Society Inc | Patient support | 2024 | $37,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $35,000 |
| The Albertsons Companies Foundation | Cancer prevention and treatment | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2024 | $12,588 |
| Silicon Valley Community Foundation | Health | 2024 | $10,000 |
| The Bessemer Giving Fund | General support | 2024 | $10,000 |
Explore more
Data for Choc Foundation (EIN 95-6097416) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.