Crudem Foundation

Analysis

Crudem Foundation is a registered charity in United States, based in Ludlow, MA. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Crudem Foundation reported income of $3.6m and spending of $3.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $3.6m (+190%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 178% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Crudem Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Servinghim Healthcare International Ministries ($3.6m), Adventist Health International ($3.6m) and Junior Achievement of Southern Ca ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $445k (13% of expenses). At year end it held assets of $1.4m against liabilities of $285k, net assets of $1.1m. It reported 2 employees.