C P a C

Analysis

C P a C is a registered charity in United States, based in Pennsauken, NJ. It received its IRS tax-exemption ruling in March 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, C P a C reported income of $2.0m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $3.7m to $2.0m (-46%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C P a C sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include The Law Foundation of the University of Missouri-Kansas City ($2.0m), Hearthstone Housing Foundation ($2.0m) and Arkansas Access to Justice Foundation Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $69k (3.6% of expenses). Other salaries and wages came to $199k. At year end it held assets of $2.4m against liabilities of $2.2m, net assets of $252k. It reported 17 employees.