Cisco Center Foundation Inc

Analysis

Cisco Center Foundation Inc is a registered charity in United States, based in Severna Park, MD. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Cisco Center Foundation Inc reported income of $252k and spending of $301k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $252k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cisco Center Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Broad Run High School Athletic Booster Club ($252k), St Marys Catholic Education Foundation ($252k) and Portville Free Library ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $187k. At year end it held assets of $46k against liabilities of $5, net assets of $46k. It reported 10 employees.