Straight Caribbean Spine Foundation

Analysis

Straight Caribbean Spine Foundation is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in July 2007, 19 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, Straight Caribbean Spine Foundation reported income of $56k and spending of $51k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $56k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Straight Caribbean Spine Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include The William a and Genevieve H Strong Foundation TR ($56k), Gusinje Foundation Inc ($56k) and Brooklyn Womens Bar Association Foundation Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $1,130, net assets of $43k.