The Cloud Foundation

Analysis

The Cloud Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, The Cloud Foundation reported income of $484k and spending of $349k, leaving 28% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $404k to $484k (+20%), an average of +3.7% a year. The sharpest change came in the year to December 2019, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, The Cloud Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Lancaster SPCA ($484k), Blue Ocean Society for Marine Conservation Inc ($484k) and Big Dog Rescue Project Inc ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). Other salaries and wages came to $56k. At year end it held assets of $581k against liabilities of $3,408, net assets of $578k. It reported 2 employees.