Peter & Mary Chang Foundation is a 501(c)(3) organization based in Los Altos, California, registered in 2014, with $612,215 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$612K
▲ 227.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$317K
Net assets
$5.6M
Employees
—
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 Peter & Mary 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 →
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 Peter & Mary Chang Foundation: 212 mo reserves · +48% margin earns a B+ 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 Peter & Mary 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 →
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 Peter & Mary Chang Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $3.9M (FY2013) to $612K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
48.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.6M
Total liabilities
$454
Net assets
$5.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $612,215▲228% | $316,653▲49.1% | $5,588,006▼1.2% | $5,588,460▼1.1% | 990PF |
| 2023 | $186,765▼10.5% | $212,350▼32.0% | $5,653,148▲7.0% | $5,653,148▲7.0% | 990PF |
| 2022 | $208,792▼39.4% | $312,438▲24.9% | $5,281,317▼10.0% | $5,281,317▼10.0% | 990PF |
| 2021 | $344,473▲26.0% | $250,088▲67.1% | $5,870,699▲7.1% | $5,870,699▲7.1% | 990PF |
| 2020 | $273,445▲132% | $149,690▼34.6% | $5,480,416▲5.9% | $5,480,416▲5.9% | 990PF |
| 2019 | $117,652▼66.8% | $228,995▼46.1% | $5,174,873▲12.6% | $5,174,873▲12.6% | 990PF |
| 2018 | $353,856▼12.5% | $424,741▼11.8% | $4,594,293▼7.3% | $4,594,293▼7.3% | 990PF |
| 2017 | $404,542▼89.6% | $481,804▼66.8% | $4,953,683▼4.8% | $4,953,683▼4.8% | 990PF |
| 2016 | $3,876,783▲245% | $1,450,135▲5234% | $5,202,049▲8.4% | $5,202,049▲8.4% | 990PF |
| 2015 | $1,123,129▲9.7% | $27,185▼90.4% | $4,799,375▲2.6% | $4,799,375▲2.6% | 990PF |
| 2014 | $1,024,180▼74.0% | $281,753▲6814% | $4,676,427▲18.9% | $4,676,427▲18.9% | 990PF |
| 2013 | $3,938,075 | $4,075 | $3,934,000 | $3,934,000 | 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.
Explore more
Data for Peter & Mary Chang Foundation (EIN 46-3723472) 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.