Cannedwater4kids Inc

Analysis

Cannedwater4kids Inc is a registered charity in United States, based in Sussex, WI. It received its IRS tax-exemption ruling in April 2011, 15 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, Cannedwater4kids Inc reported income of $222k and spending of $167k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $222k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cannedwater4kids Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Quaker Thrift Store Inc ($222k), Edgemere Senior Center Council ($222k) and Texas Association of Local Wic Directors ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $499k against liabilities of $9,386, net assets of $489k.