Cause Agency

Analysis

Cause Agency is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cause Agency reported income of $89k and spending of $143k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $89k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cause Agency sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Palo Alto Forward ($89k), Calhoun Economic Development Corporation ($89k) and Spc4life ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $15k against liabilities of $2,291, net assets of $13k.