Cape May County Coast Guard Community Foundation

Analysis

Cape May County Coast Guard Community Foundation is a registered charity in United States, based in Rio Grande, NJ. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Cape May County Coast Guard Community Foundation reported income of $135k and spending of $104k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $119k to $135k (+13%), an average of +13% a year. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cape May County Coast Guard Community Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Robert J Levenson Family Supporting Foundation ($135k), Kollel Lomdei Retzifus Inc ($135k) and Lake Wylie Childrens Charity ($135k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 18% of the total. At year end it held assets of $138k against liabilities of $1,650, net assets of $136k.