CBVC

Analysis

CBVC is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, CBVC reported income of $547k and spending of $583k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $547k (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 77%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CBVC 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 72nd percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Arctic League Inc ($547k), Habitat for Humanity International Inc ($547k) and BC United Soccer Association ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 21% of the total. Other salaries and wages came to $271k. At year end it held assets of $1.5m against liabilities of $47k, net assets of $1.5m. It reported 5 employees.

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.