Caad Foundation Inc

Analysis

Caad Foundation Inc is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Caad Foundation Inc reported income of $192k and spending of $57k, leaving 70% of income unspent that year. Across the 4 years on record, from June 2018 to June 2024, income grew from $94k to $192k (+104%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 141%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caad Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Short the Squirrel Inc ($192k), National Institute for Healthcareeducation & Training ($192k) and Greater Nebraska Apprenticeship and Training Trust Fund ($192k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 69% of the total. At year end it held assets of $988k against liabilities of $0, net assets of $988k.