F Y Chang Foundation
Only null% goes to programs Strong reserves Growing revenue
F Y Chang Foundation is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1999, with $677,157 in FY2024 revenue. CharityIndex grades it D.
2660 Connecticut Ave Nw, Washington, DC, 20008 EIN 38-3383222 Since 1999
Revenue (FY2024)
$677K
▼ 0.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$851K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 F Y Chang Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating22 mo reserves · -26% margin
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 F Y Chang Foundation: 22 mo reserves · -26% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 F Y Chang Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 F Y Chang Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2660 Connecticut Ave Nw, Washington, DC, 20008
- City
- Washington
- State
- District of Columbia
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $1.3M (FY2013) to $677K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $49KNet assets $1.5M
Operating margin
-25.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$49K
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $677,157▼0.5% | $851,169▲34.7% | $1,539,438▼10.1% | $1,588,067▼9.8% | 990PF |
| 2023 | $680,605▼8.2% | $631,691▼16.6% | $1,712,995▲2.9% | $1,761,114▲2.9% | 990PF |
| 2022 | $741,499▲26.3% | $757,695▲72.2% | $1,664,081▼1.0% | $1,710,960▼1.2% | 990PF |
| 2021 | $587,112▲8.2% | $440,120▼39.7% | $1,680,772▲18.2% | $1,730,916▲17.6% | 990PF |
| 2019 | $542,463▼16.7% | $729,588▲16.6% | $1,422,309▼11.6% | $1,471,511▼11.7% | 990PF |
| 2018 | $651,166▲13.6% | $625,762▼11.1% | $1,609,627▲1.6% | $1,665,629▲0.9% | 990PF |
| 2017 | $573,089▼26.7% | $703,564▲10.9% | $1,584,271▼7.6% | $1,650,408▼6.7% | 990PF |
| 2016 | $781,726▲2071% | $634,472▲8.6% | $1,714,739▲9.4% | $1,768,553▲10.0% | 990PF |
| 2015 | $36,007▼92.0% | $584,115▲6.4% | $1,567,485▼25.9% | $1,608,277▼26.8% | 990PF |
| 2014 | $449,706▼65.3% | $548,985▼29.7% | $2,115,593▼4.5% | $2,196,670▼3.4% | 990PF |
| 2013 | $1,296,115 | $781,454 | $2,214,872 | $2,273,678 | 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.
Grants received · $390K total
10 grants to F Y Chang Foundation totaling $390K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Laborers International Union of North America | General support | 2023 | $100,000 |
| Greater Washington Community Foundation | General support | 2023 | $50,000 |
| Greater Washington Community Foundation | General support | 2022 | $50,000 |
| Greater Washington Community Foundation | General support | 2022 | $50,000 |
| Greater Washington Community Foundation | General support | 2020 | $50,000 |
| Greater Washington Community Foundation | General support | 2020 | $50,000 |
| Greater Washington Community Foundation | — | 2019 | $10,000 |
| Greater Washington Community Foundation | General support building | 2018 | $10,000 |
| Greater Washington Community Foundation | General support building | 2016 | $10,000 |
| Greater Washington Community Foundation | General support | 2015 | $10,000 |
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Frequently asked questions
- Is F Y Chang Foundation a legitimate nonprofit?
- Yes. F Y Chang Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3383222, based in Washington, District of Columbia. Donations are tax-deductible.
- What is F Y Chang Foundation's EIN?
- F Y Chang Foundation's Employer Identification Number (EIN) is 38-3383222.
- How much revenue does F Y Chang Foundation report?
- F Y Chang Foundation reported $677,157 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does F Y Chang Foundation have?
- CharityIndex grades F Y Chang Foundation D, based on financial health (reserves and operating margin).
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Explore more
Data for F Y Chang Foundation (EIN 38-3383222) 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.