Caddy for a Cure Inc

Analysis

Caddy for a Cure Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in November 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caddy for a Cure Inc reported income of $160k and spending of $94k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $195k to $160k (-18%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caddy for a Cure Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Donovan Creason Memorial Trust Fund ($160k), J Message Group Corp ($160k) and Chance Sobriety Ministries Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.3% of the total. At year end it held assets of $81k against liabilities of $117k, net assets of -$36k.