Cagv-Education Fund Inc

Analysis

Cagv-Education Fund Inc is a registered charity in United States, based in New Fairfield, CT. It received its IRS tax-exemption ruling in January 1997, 29 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, Cagv-Education Fund Inc reported income of $416k and spending of $341k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $416k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cagv-Education Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Appellate Judges Education Institute ($416k), Whitestone Community Association ($416k) and Long Beach Accelerator Inc ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $100k (29% of expenses). Other salaries and wages came to $115k. At year end it held assets of $417k against liabilities of $50k, net assets of $368k. It reported 6 employees.