Cste Foundation

Analysis

Cste Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cste Foundation reported income of $123k and spending of $349k, spending 283% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $123k (-90%), an average of -44% a year. The sharpest change came in the year to September 2023, when income rose by 473%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cste Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Advocacynj ($123k), Boerne - Samuel V Champion Charms Booster Club Inc ($123k) and Womelsdorf Community Library Inc ($123k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $199k (57% of expenses). It paid $6,999 in professional fundraising fees. At year end it held assets of $644k against liabilities of $40k, net assets of $603k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.