The Comfort Cub Program Inc

Analysis

The Comfort Cub Program Inc is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, 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, The Comfort Cub Program Inc reported income of $427k and spending of $309k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $427k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Comfort Cub Program Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Fostering Change for Children Ltd ($427k), Ahepa 78 Phase IV Inc ($427k) and Zillah Food Bank ($427k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $748k against liabilities of $6,366, net assets of $742k.