Cranberry Foundation

Analysis

Cranberry Foundation is a registered charity in United States, based in Cranberry TWP, PA. It received its IRS tax-exemption ruling in August 1985, 41 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 December 2023, Cranberry Foundation reported income of $491k and spending of $169k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $491k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cranberry Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Greater White Bear Lake Community Foundation ($491k), Friends of the Salt Lake County Childrens Justice Center Inc ($491k) and Orlando Union Rescue Mission Foundation Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. At year end it held assets of $847k against liabilities of $0, net assets of $847k.