CBG Foundation for Humanity and Education

Analysis

CBG Foundation for Humanity and Education is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in September 2014, 12 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, CBG Foundation for Humanity and Education reported income of $141k and spending of $53k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $168k to $141k (-16%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CBG Foundation for Humanity and Education sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within AZ. Charities of a similar size with the same main cause include 200 Muslim Women Who Care ($141k), Food Pantry of North Branford Inc ($141k) and Project Feed Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.