Community Resources Capital Foundation

Analysis

Community Resources Capital Foundation is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in August 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Resources Capital Foundation reported income of $104k and spending of $299k, spending 287% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $385k to $104k (-73%), an average of -28% a year. The sharpest change came in the year to June 2022, when income dropped by 88%. Over the whole period it spent 184% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Resources Capital Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Pennsylvania Partnership for Culture Health and Education Inc ($104k), Lebanon Foundation Inc ($104k) and Lions Manor Housing Inc ($104k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $3.0m against liabilities of $15k, net assets of $3.0m.