Cape Cod Times Neighbors Fund Inc

Analysis

Cape Cod Times Neighbors Fund Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in July 1989, 37 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 November 2023, Cape Cod Times Neighbors Fund Inc reported income of $1.9m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.1m to $1.9m (+70%), an average of +14% a year. The sharpest change came in the year to November 2020, when income rose by 82%. Over the whole period it spent 79% 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 Cod Times Neighbors Fund Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Moadim Uzmanim ($1.9m), Hospice Foundation of Acadiana ($1.9m) and Bookworm Box LLC ($1.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $324k. At year end it held assets of $3.4m against liabilities of $204k, net assets of $3.2m. It reported 9 employees.