Cusavers Inc

Analysis

Cusavers Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cusavers Inc reported income of $220k and spending of $91k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $221k to $220k (-0.3%), an average of -0.3% a year. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cusavers Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Raytown Chamber of Commerce Building Foundation ($220k), Toba Foundation Inc ($220k) and Franchise for Good Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (38% of expenses). At year end it held assets of $613k against liabilities of $0, net assets of $613k.