Chloe and Maud Foundation Inc

Analysis

Chloe and Maud Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chloe and Maud Foundation Inc reported income of $149k and spending of $246k, spending 165% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $207k to $149k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chloe and Maud Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Azalea City Center for the Arts Inc ($149k), Northwest Seaport Inc ($149k) and Impact Theatre Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $1,622 against liabilities of $0, net assets of $1,622.