Cruise for a Cause Inc

Analysis

Cruise for a Cause Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in February 2013, 13 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, Cruise for a Cause Inc reported income of $218k and spending of $228k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $250k to $218k (-13%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cruise for a Cause Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include United Way of Whitman County ($218k), Grand Traverse Pavilions Foundation Inc ($218k) and Hermelin Family Foundation ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. It paid $24k in professional fundraising fees. At year end it held assets of $54k against liabilities of $0, net assets of $54k.