Cedice Foundation

Analysis

Cedice Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Cedice Foundation reported income of $54k and spending of $26k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $54k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 36% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cedice Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include We Are Limitless Inc ($54k), Groundup Africa ($54k) and Austin Sister Cities International ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.