Centerstate Ceo Foundation Inc

Analysis

Centerstate Ceo Foundation Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Centerstate Ceo Foundation Inc reported income of $755k and spending of $657k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $755k (+3605%), an average of +147% a year. The sharpest change came in the year to December 2020, when income rose by 2141%. 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, Centerstate Ceo Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Collegium Institute ($754k), Ester Volunteer Fire Department ($755k) and Fuller Normal and Industrial Institute ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $2.2m against liabilities of $954k, net assets of $1.3m.