National Cartoonists Society Foundation Inc

Analysis

National Cartoonists Society Foundation Inc is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in November 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Cartoonists Society Foundation Inc reported income of $180k and spending of $245k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $376k to $180k (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 123% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Cartoonists Society Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Somerville Elks Charitable Trust ($180k), Blue Ridge Kiwanis Foundation Inc ($180k) and Montgomerys Miracles Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.