Cassar Family Foundation

Analysis

Cassar Family Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cassar Family Foundation reported income of $175k and spending of $134k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $230k to $175k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cassar Family Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Rosalind Franklin Society ($175k), Philanthropic Concepts Inc ($175k) and Ap Construction Charitable Events Foundation ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.