Checkers Charitable Foundation

Analysis

Checkers Charitable Foundation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2016, 10 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, Checkers Charitable Foundation reported income of $195k and spending of $176k, spending 90% of its income. Across the 2 years on record, from June 2019 to June 2023, income fell from $202k to $195k (-3.4%), an average of -3.4% a year. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Checkers Charitable Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Massillon Post 221 Charities Inc ($195k), BGCCF NMTC Inc ($195k) and Professional Firefighters Association of Midland Charitable ($195k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.