The Cedars Inc

Analysis

The Cedars Inc is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Cedars Inc reported income of $11.4m and spending of $11.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.6m to $11.4m (-2.5%), an average of -0.6% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Cedars Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KS. Charities of a similar size with the same main cause include Mile Square Early Learning Center ($11.4m), Horry Country Disabilities and Special Needs Board ($11.4m) and Hispanic Access Foundation ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $118k (1.0% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $24.3m against liabilities of $23.6m, net assets of $661k. It reported 226 employees.

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.