Cascade Community Foundation

Analysis

Cascade Community Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cascade Community Foundation reported income of $275k and spending of $240k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $275k (+288%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cascade Community Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Lovve Project ($275k), Be the Village Inc ($275k) and Areivim Institute ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $70k (29% of expenses). At year end it held assets of $136k against liabilities of $14k, net assets of $122k. It reported 1 employees.