Cingari Family Foundation

Analysis

Cingari Family Foundation is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in September 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 December 2023, Cingari Family Foundation reported income of $153k and spending of $103k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $153k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 3380%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cingari Family Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CT. Charities of a similar size with the same main cause include Equality and Inclusion in Hospitality Inc ($153k), Kirtland Officers Spouses Club ($153k) and Charity House Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 130% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.