Chiachenfan Inc

Analysis

Chiachenfan Inc is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in January 2023, 3 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, Chiachenfan Inc reported income of $146k and spending of $147k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $146k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chiachenfan Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Tanager Place Endowment Foundation ($146k), Zach Hoefler Memorial Trust ($146k) and Paye Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,031 against liabilities of $0, net assets of $5,031.