Csh2o Charitable Foundation Corporation

Analysis

Csh2o Charitable Foundation Corporation is a registered charity in United States, based in Pasadena, MD. It received its IRS tax-exemption ruling in April 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Csh2o Charitable Foundation Corporation reported income of $94k and spending of $52k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $94k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Csh2o Charitable Foundation Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Catholic Connect Foundation ($94k), Brothers Project ($94k) and Charlotte Chamber Community Foundation Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 3.0% of the total. At year end it held assets of $57k against liabilities of $351, net assets of $57k.