Ciberpointe Inc

Analysis

Ciberpointe Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ciberpointe Inc reported income of $76k and spending of $18k, leaving 76% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income fell from $256k to $76k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ciberpointe Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Bonita Vista Club Blue Inc ($76k), Rosemount High School Foundation ($76k) and Meigs Parent Association ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.