Cedrus

Analysis

Cedrus is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cedrus reported income of $101k and spending of $132k, spending 130% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $85k to $101k (+19%), an average of +4.4% a year. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cedrus sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Rebuilding Together-Santa Cruz County Inc ($101k), Northwest Estates 811 ($101k) and Rotary House ($101k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.7m against liabilities of $2.1m, net assets of -$456k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.