Robert and Christine Chiles Foundation

Analysis

Robert and Christine Chiles Foundation is a registered charity in United States, based in Southgate, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Robert and Christine Chiles Foundation reported income of $50k and spending of $2,898, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $119k to $50k (-58%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 7.6% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Robert and Christine Chiles Foundation sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MI. Charities of a similar size with the same main cause include Reinvest Toledo ($50k), Shama Inc ($50k) and Anzafrika ($50k).

At year end it held assets of $236k against liabilities of $0, net assets of $236k.