Ccyp Inc

Analysis

Ccyp Inc is a registered charity in United States, based in Barnstable, MA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Ccyp Inc reported income of $273k and spending of $367k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $337k to $273k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ccyp Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Democracyatwork Info ($273k), Institute for Family-Owned Business ($273k) and New Season Community Development Corporation ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $127k. At year end it held assets of $79k against liabilities of $5,800, net assets of $73k. It reported 2 employees.