Cabbage Patch Settlement House Inc

Analysis

Cabbage Patch Settlement House Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1944, 82 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2023, Cabbage Patch Settlement House Inc reported income of $2.4m and spending of $2.6m, spending 109% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $2.7m to $2.4m (-11%), an average of -2.7% a year. The sharpest change came in the year to April 2023, when income dropped by 38%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cabbage Patch Settlement House Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Saukville Community Food Pantry Inc ($2.4m), Canine Assistants Inc ($2.4m) and Marin Link Inc ($2.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $157k (6.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $29.1m against liabilities of $181k, net assets of $29.0m. It reported 51 employees.