Chiera Family Foundation Inc

Analysis

Chiera Family Foundation Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chiera Family Foundation Inc reported income of $184k and spending of $224k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $184k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chiera Family Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Dallas Pi Beta Phi Philanthropies ($184k), Charlottesville Police Department Foundation ($184k) and Retired Senior Volunteer Program of Daviess County Indiana Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.