Cadena Radial Remanente Corp

Analysis

Cadena Radial Remanente Corp is a registered charity in United States, based in LA Quinta, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Cadena Radial Remanente Corp reported income of $172k and spending of $135k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $361k to $172k (-52%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cadena Radial Remanente Corp sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Friends of Summersounds Inc ($172k), Korean Traditional Dance Institute of California ($172k) and Sacred Dance Foundation ($172k).

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