Care for a Cause Foundation Inc

Analysis

Care for a Cause Foundation Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in March 2010, 16 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 June 2023, Care for a Cause Foundation Inc reported income of $67k and spending of $46k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $89k to $67k (-24%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Care for a Cause Foundation Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Meb2 Foundation Inc ($67k), St Charles Kiwanis Foundation ($67k) and Monitors Foundation ($67k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.