CBV Cares Inc

Analysis

CBV Cares Inc is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, CBV Cares Inc reported income of $64k and spending of $60k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $64k (-3.4%), an average of -3.4% a year. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CBV Cares Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Cypress Creek Chapter National Charity League Inc ($64k), Baton Rouge New Community Homes ($64k) and Hemet Sunset Rotary Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 75% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.