Cedar Training Center

Analysis

Cedar Training Center is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cedar Training Center reported income of $615k and spending of $266k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $615k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cedar Training Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Kauai Montessori Project ($615k), Flourish Foundation ($615k) and Naturopathic Community Center ($615k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $230k. At year end it held assets of $3.0m against liabilities of $135k, net assets of $2.8m. It reported 5 employees.