Cdcli Funding Corporation

Analysis

Cdcli Funding Corporation is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2023, Cdcli Funding Corporation reported income of $383k and spending of $339k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $383k (+217%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 667%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cdcli Funding Corporation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Lawrence Meals on Wheels ($383k), St Paul Outreach ($383k) and Tender Loving Care Creative Learning Center Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $9,310. At year end it held assets of $9.8m against liabilities of $6.1m, net assets of $3.7m. It reported 1 employees.