Cape Royal Community Foundation Inc

Analysis

Cape Royal Community Foundation Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cape Royal Community Foundation Inc reported income of $76k and spending of $32k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $37k to $76k (+107%), an average of +44% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cape Royal Community Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Stateline Works of Mercy Inc ($76k), Building Solid Foundations Inc ($76k) and Cherokee County Sharing Center Inc ($76k).

At year end it held assets of $90k against liabilities of $0, net assets of $90k.