Cedarworks Inc

Analysis

Cedarworks Inc is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cedarworks Inc reported income of $212k and spending of $175k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $212k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cedarworks Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AL. Charities of a similar size with the same main cause include Moravian Care Ministries ($212k), Iglesia Biblica Peniel ($212k) and Boston Grace Presbyterian Church Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $61k against liabilities of $6,000, net assets of $55k.