Cactis Foundation

Analysis

Cactis Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Cactis Foundation reported income of $76k and spending of $69k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $76k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cactis Foundation 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 30th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include Communicare Cares II Inc ($76k), Pink Bow Campaign Inc ($76k) and Amis du Lycee Francais ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $29k against liabilities of $90k, net assets of -$61k.