Cise Foundation

Analysis

Cise Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2018, 8 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cise Foundation reported income of $10.3m and spending of $384k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $10.3m (+2220%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 631%. Over the whole period it spent 7.9% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cise Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include St Louis Community Foundation ($10.3m), Grapevine Giving Foundation ($10.3m) and Valero Energy Foundation ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $35k. At year end it held assets of $23.5m against liabilities of $0, net assets of $23.5m.