Chua & Wong Foundation is a 501(c)(3) organization based in Los Gatos, California, registered in 2018, with $98,011 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$98K
▲ 19424.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$43K
Net assets
$102K
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 Chua & Wong 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 Chua & Wong Foundation: 29 mo reserves · +56% 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 Chua & Wong 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 Chua & Wong Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $335 (FY2018) to $98K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
56.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$102K
Total liabilities
$161
Net assets
$102K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $98,011▲19424% | $42,813▲77.5% | $102,276▲117% | $102,437▲116% | 990PF |
| 2023 | $502▼98.9% | $24,116▲59.3% | $47,078▼33.4% | $47,400▼33.2% | 990PF |
| 2022 | $44,801▲17965% | $15,142▲18.6% | $70,692▲72.3% | $70,931▲72.1% | 990PF |
| 2021 | $248▼98.6% | $12,762▼19.0% | $41,033▼23.4% | $41,207▼27.1% | 990PF |
| 2020 | $18,315▲5209% | $15,749▲22.8% | $53,547▲5.0% | $56,547▲10.9% | 990PF |
| 2019 | $345▲3.0% | $12,827▲123% | $50,981▼19.7% | $50,981▼19.7% | 990PF |
| 2018 | $335 | $5,741 | $63,463 | $63,463 | 990PF |
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.
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Data for Chua & Wong Foundation (EIN 82-3465371) 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.