Cedar Crest Inc

Analysis

Cedar Crest Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in June 1966, 60 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 June 2023, Cedar Crest Inc reported income of $16.0m and spending of $17.6m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.4m to $16.0m (-2.6%), an average of -0.7% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cedar Crest Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Choice in Aging ($16.0m), Clare Matrix ($16.0m) and Grounded Solutions Network ($15.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $555k (3.2% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $106.8m against liabilities of $89.6m, net assets of $17.2m. It reported 350 employees.