Michelle Chiou Foundation Inc

Analysis

Michelle Chiou Foundation Inc is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Michelle Chiou Foundation Inc reported income of $668k and spending of $236k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $200k to $668k (+234%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michelle Chiou Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include New Roots Community Farm ($668k), Acadiana After Care & Day Camps Inc ($668k) and A Fathers Way ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.