Cutting Edge Retirement Foundation

Analysis

Cutting Edge Retirement Foundation is a registered charity in United States, based in Springtown, TX. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Cutting Edge Retirement Foundation reported income of $72k and spending of $71k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $72k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cutting Edge Retirement Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Charlies Army Animal Rescue ($72k), Animal Coalition of Delaware County ($72k) and Pause for Paws Inc ($72k).

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 $45k against liabilities of $0, net assets of $45k.