Cedar Place Inc

Analysis

Cedar Place Inc is a registered charity in United States, based in Story City, IA. It received its IRS tax-exemption ruling in December 1981, 45 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, Cedar Place Inc reported income of $504k and spending of $545k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $504k (+3.0%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cedar Place Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Port Neches Riverfest ($503k), The Putnam County Agricultural Society ($504k) and Ashreinu Inc ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $333k.