Centurion Foundation Inc

Analysis

Centurion Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Centurion Foundation Inc reported income of $431k and spending of $236k, leaving 45% of income unspent that year. Across the 4 years on record, from October 2020 to October 2023, income grew from $393k to $431k (+9.7%), an average of +3.1% a year. The sharpest change came in the year to October 2021, when income rose by 23%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Centurion Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Visalia Rotary Community Foundation ($431k), Tony Patino Fellowship Corp ($431k) and Hearts to Homes Furnishings Inc ($431k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.