5c Corporation

Analysis

5c Corporation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 2005, 21 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, 5c Corporation reported income of $537k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $537k (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2020, when income rose by 983%. Over the whole period it spent 0.0% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 5c Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Friends of Imrei Daat Inc ($537k), Austin Startup Games Inc ($537k) and United Way of Ashtabula County ($537k).

At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.