CR Foundation

Analysis

CR Foundation is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CR Foundation reported income of $2.8m and spending of $3.8m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $2.8m (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CR Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Savila Collaborative ($2.8m), Make-A-Wish Foundation of Maine ($2.8m) and Sunshine on a Ranney Day Incorporated ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $779k (21% of expenses). Other salaries and wages came to $896k. At year end it held assets of $4.2m against liabilities of $1.7m, net assets of $2.6m. It reported 33 employees.