CRC Cares Foundation

Analysis

CRC Cares Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 2007, 19 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, CRC Cares Foundation reported income of $539k and spending of $291k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $515k to $539k (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CRC Cares Foundation 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 71st percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include The Endowment Fund for the Val a Browing Technology Learning ($538k), Friends of the Hayner Inc ($539k) and United Way of West Central Minnesota ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $1.7m against liabilities of $450, net assets of $1.7m.