Cassanos Cares Foundation

Analysis

Cassanos Cares Foundation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Cassanos Cares Foundation reported income of $55k and spending of $59k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $55k (-1.7%), an average of -1.7% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cassanos Cares Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Abbys Organic Community Farm Inc ($55k), Everyday Good Inc ($55k) and Backbones ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.