Clothilde R Smith Charitable Foundation

Analysis

Clothilde R Smith Charitable Foundation is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in January 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clothilde R Smith Charitable Foundation reported income of $524k and spending of $459k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $616k to $524k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2020, when income dropped by 49%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clothilde R Smith Charitable Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Society for the Preservation of Physician Assistant History Inc ($523k), Seminole Trail Volunteer Fire Department Incorporated ($524k) and Friends of Green Lake Crew ($523k).

At year end it held assets of $21.1m against liabilities of $18.7m, net assets of $2.4m.