Community Assistance Radioendowment Inc

Analysis

Community Assistance Radioendowment Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Assistance Radioendowment Inc reported income of $368k and spending of $350k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $368k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Assistance Radioendowment Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Southeastern Massachusetts Agricultural Partnership Inc ($368k), Court Appointed Special Advocate Program of Baltimore ($368k) and DH Perfil Latino TV Inc ($368k).

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 $510k against liabilities of $0, net assets of $510k.