For a Dirac spinor $\psi$, its chiral projections are $\psi_{L,R}$ are defined as $$\psi_{R,L}=\frac{1}{2}(1\mp\gamma^5)\psi.\tag{1}$$ Acting with the chirality operator $\gamma^5$, we find $$\gamma^5\psi_L=-\psi_L,~~\gamma^5\psi_R=+\psi_R.\tag{2}$$ This is why $\psi_L$ and $\psi_R$ are respectively known as left-handed and right-handed chiral projections of $\psi$. It is to be emphasized that $\psi_L$ and $\psi_R$ are not 2-component spinors; $\psi_L$($\psi_R$) are still 4-component spinors with lower(upper) two entries being zero and upper(lower) two entries being nonzero. Let $$\psi_L=\begin{pmatrix}\chi\\0\end{pmatrix},~~\psi_R=\begin{pmatrix}0\\\zeta\end{pmatrix},\tag{3}$$ where $\chi$ and $\zeta$ are two-component spinors, called Weyl spinors. But sometimes people use a confusing notation, $\phi_L$ for $\chi$ and $\phi_R$ for $\zeta$ i.e., $$\psi_L=\begin{pmatrix}\phi_L\\0\end{pmatrix},~~\psi_R=\begin{pmatrix}0\\\phi_R\end{pmatrix}.\tag{4}$$ For example, see Eq. (8.71) here.
Since the chirality projection operators $\frac{1}{2}(1\mp\gamma^5)$ are $4\times4$ matrices, they can only act on $\psi$ to project out $\psi_{L}$ and $\psi_R$. However, the notation $\phi_L$ and $\phi_R$, for the 2-component spinors $\chi$ and $\zeta$ respectively, suggests that there is also a notion of $2\times 2$ chirality operator. If there is no such operator what is the meaning of $\phi_L$ and $\phi_R$?