Ches Foundation Inc

Analysis

Ches Foundation Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Ches Foundation Inc reported income of $813k and spending of $801k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $820k to $813k (-0.9%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ches Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include The Reach Center ($813k), MMM Heritage Bell Oaks Housing Corp ($813k) and Project for Neighborhood Aftercare ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Other salaries and wages came to $317k. At year end it held assets of $545k against liabilities of $78k, net assets of $467k. It reported 5 employees.