Croquet Foundation of America Inc

Analysis

Croquet Foundation of America Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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 2022, Croquet Foundation of America Inc reported income of $1.4m and spending of $1.0m, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $888k to $1.4m (+54%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Croquet Foundation of America Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Nevada Womens Fund ($1.4m), The Regeneration Center ($1.4m) and Independent Living Center of Southern Califoria Inc ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 24% of the total. Other salaries and wages came to $495k. At year end it held assets of $6.0m against liabilities of $1.3m, net assets of $4.6m. It reported 16 employees.