Cabrini Mission Foundation

Analysis

Cabrini Mission Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1998, 28 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 December 2023, Cabrini Mission Foundation reported income of $863k and spending of $788k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $863k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2020, when income rose by 525%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cabrini Mission Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Cranaleith Spiritual Center ($863k), Hopkins County Health Care Foundation ($863k) and Foothills Community Foundation Inc ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $416k (53% of expenses). Other salaries and wages came to $81k. At year end it held assets of $16.9m against liabilities of $569k, net assets of $16.3m. It reported 4 employees.