Cradle Inc

Analysis

Cradle Inc is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Cradle Inc reported income of $67k and spending of $54k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $64k to $67k (+4.9%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cradle Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Kollel Ari Yerucham Inc ($67k), Islamic Center of Deltona Inc ($67k) and Bennett Ministries Inc ($67k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 83% of the total. At year end it held assets of $103k against liabilities of $2,088, net assets of $101k.