Cellini Charitable Foundation Inc

Analysis

Cellini Charitable Foundation Inc is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cellini Charitable Foundation Inc reported income of $60k and spending of $28k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $60k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cellini Charitable Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Yonkers Police Captains Lieutenants & Sargeants Assoc Scholarship Fund ($60k), Weston Classical School ($60k) and Silverbrook Elementary School PTO Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $738k against liabilities of $0, net assets of $738k.