The Familiescn2a Foundation Inc

Analysis

The Familiescn2a Foundation Inc is a registered charity in United States, based in E Longmeadow, MA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Familiescn2a Foundation Inc reported income of $1.9m and spending of $1.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $860k to $1.9m (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Familiescn2a Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Foundation of Firelands ($1.9m), Childrens Cancer Fund of Dallas Inc ($1.9m) and WF Bruen Emergency Squad Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $114k (7.7% of expenses). Other salaries and wages came to $92k. At year end it held assets of $2.2m against liabilities of $121k, net assets of $2.0m. It reported 3 employees.