Caipa Foundation Inc

Analysis

Caipa Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2008, 18 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, Caipa Foundation Inc reported income of $2.3m and spending of $1.0m, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.3m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caipa Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Aist Foundation ($2.3m), Finnup Foundation ($2.4m) and Crown Point Community Foundation Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 8.0% of the total. Other salaries and wages came to $262k. At year end it held assets of $5.0m against liabilities of $144k, net assets of $4.9m. It reported 11 employees.