A Cause for Tea

Analysis

A Cause for Tea is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, A Cause for Tea reported income of $264k and spending of $145k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $209k to $264k (+26%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Cause for Tea sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Helping Hands Outreach ($264k), Helping Others Grow Foundation Inc ($264k) and Northeast Florida Builders Association Charitable Foundation ($264k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $232k against liabilities of $2,918, net assets of $229k.