Cerdas Foundation

Analysis

Cerdas Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Cerdas Foundation reported income of $75k and spending of $121k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $75k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 71% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cerdas Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Wildlifedirect Inc ($75k), Hope Events Inc ($75k) and Reaching Beyond Ourselves ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.