Benevolent Corporation Cedar Community

Analysis

Benevolent Corporation Cedar Community is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in July 1962, 64 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 June 2023, Benevolent Corporation Cedar Community reported income of $40.1m and spending of $43.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.2m to $40.1m (+4.9%), an average of +1.2% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Benevolent Corporation Cedar Community sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Nysarc Inc ($40.1m), South Dakota Achieve ($40.2m) and Cradles to Crayons Inc ($40.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $460k (1.1% of expenses). Other salaries and wages came to $19.0m. At year end it held assets of $123.6m against liabilities of $93.9m, net assets of $29.7m. It reported 559 employees.