Cegaana

Analysis

Cegaana is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cegaana reported income of $125k and spending of $155k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $125k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cegaana sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Birmingham Duplicate Bridge Club ($125k), Van Ness Elementary School Parent Teacher Organization ($125k) and College Factory Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.