Canopy Center Inc

Analysis

Canopy Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 December 2023, Canopy Center Inc reported income of $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Canopy Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include North Florida Office of Public Guardian Inc ($1.7m), Parenting Network Inc ($1.7m) and Special Treatment Education and Prevention Services Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $97k (7.5% of expenses). Other salaries and wages came to $765k. At year end it held assets of $3.4m against liabilities of $2.4m, net assets of $998k. It reported 28 employees.