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Cha Foundation

Chesapeake, VA · EIN 54-1238039 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Cha Foundation reported $15.7 million in revenue and $2,400 in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $0.00 went to program services, $100.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 99.8% of the total. The highest compensation it reported for one person was $1,084,240 (CEO & PRESIDENT). Revenue rose 77% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $2,400

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
0.0%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
100.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
0.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
$1,084,240$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
45176.67%1.38%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1,302,957.76.8
Independent voting board members
Part VI 1a–1b
4 of 4100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
— expenses

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO & PRESIDENT
Officer, 0.1 hrs/week
$0$1,029,040$55,200$1,084,240
CFO
Officer, 0.1 hrs/week
$0$570,704$55,200$625,904
TREASURER
Director/trustee, 2.0 hrs/week
$0$14,287$0$14,287
CHAIR
Director/trustee, 2.0 hrs/week
$0$11,000$0$11,000
VICE CHAIR
Director/trustee, 2.0 hrs/week
$0$11,000$0$11,000
SECRETARY
Director/trustee, 2.0 hrs/week
$0$10,000$0$10,000

0 people received more than $100,000 in reportable compensation from Cha Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$2,4000.0%$261M$1,084,240
FY2024 ⓘ$8.2M$250K0.0%$231M$969,371
FY2023 ⓘ$5.4M$234K0.0%$204M$859,153
FY2022 ⓘ$31M$400K0.0%$184M$828,906
FY2021 ⓘ$23M$269K0.0%$206M$780,107
FY2020 ⓘ$8.9M$103K0.0%$166M$661,653

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Cha Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cha Foundation, you can publish a response that is linked from this page.

Questions people ask

How much of Cha Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Cha Foundation reported that 0.0% of its $2,400 in expenses went to program services, 100.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Cha Foundation pay its top executive?

The largest total compensation Cha Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,084,240, for the role of CEO & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cha Foundation get its money?

Of $15.7 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Cha Foundation a registered charity?

The IRS lists EIN 54-1238039 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349312796 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349314269 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349318573 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349318216 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349311342 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100709349301500 · read the filing

All filings for EIN 54-1238039: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.