Cape Atlantic Citizens Altering Thestrays

Analysis

Cape Atlantic Citizens Altering Thestrays is a registered charity in United States, based in Ocean City, NJ. It received its IRS tax-exemption ruling in November 2008, 18 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 December 2023, Cape Atlantic Citizens Altering Thestrays reported income of $244k and spending of $235k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $231k to $244k (+5.8%), an average of +1.9% a year. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cape Atlantic Citizens Altering Thestrays sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include The Beall Family Foundation ($244k), Coreys Promise ($244k) and Manheim Veterans Memorial ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.