Cadmus Life Sharing Association Inc

Analysis

Cadmus Life Sharing Association Inc is a registered charity in United States, based in Stockbridge, MA. It received its IRS tax-exemption ruling in May 2001, 25 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 June 2023, Cadmus Life Sharing Association Inc reported income of $1.2m and spending of $1.2m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.2m (+17%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cadmus Life Sharing Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Hunt with Heart Incorporated ($1.2m), Cadillac Area Oasis-Family Resource Center ($1.2m) and The Welcome to America Project ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $14k (1.2% of expenses). Other salaries and wages came to $272k. At year end it held assets of $440k against liabilities of $85k, net assets of $354k. It reported 22 employees.