Cascade Run Inc

Analysis

Cascade Run Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in May 2006, 20 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 March 2024, Cascade Run Inc reported income of $83k and spending of $102k, spending 123% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $78k to $83k (+6.1%), an average of +1.2% a year. The sharpest change came in the year to March 2024, when income rose by 19%. 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, Cascade Run Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Clark County Association of Realtors Foundation ($83k), African American Childrens Book Project ($83k) and Fitzgerald High School Athletic Booster Club ($83k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 62% and program service revenue 36% of the total. At year end it held assets of $519k against liabilities of $844k, net assets of -$325k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.