Charity for Charity

Analysis

Charity for Charity is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Charity for Charity reported income of $197k and spending of $276k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $197k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charity for Charity sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Love in Action Ohio ($197k), Kentucky Agriculture and Environment in the Classroom Inc ($197k) and Vijiji Projects USA ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $38k. At year end it held assets of $37k against liabilities of $91k, net assets of -$54k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.