CPC Foundation Inc

Analysis

CPC Foundation Inc is a registered charity in United States, based in Eatontown, NJ. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, CPC Foundation Inc reported income of $723k and spending of $716k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $753k to $723k (-4.0%), an average of -0.8% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CPC 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 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Methouse Inc ($723k), Association of Fundraising Professionals ($723k) and Green Mountain Carshare ($723k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $14.1m against liabilities of $413k, net assets of $13.7m.