The Council for Canadian American Relations Inc

Analysis

The Council for Canadian American Relations Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1972, 54 years ago. 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, The Council for Canadian American Relations Inc reported income of $3.6m and spending of $2.7m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.6m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Council for Canadian American Relations Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Brookdale Family Care Centers Inc ($3.6m), Housing Industry Foundation ($3.6m) and Miracle Flights ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $274k (10% of expenses). Other salaries and wages came to $84k. At year end it held assets of $3.9m against liabilities of $325k, net assets of $3.6m. It reported 3 employees.