Cinequest Inc

Analysis

Cinequest Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Cinequest Inc reported income of $2.7m and spending of $2.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.7m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cinequest Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include The Susan B Anthony House Inc ($2.7m), Principle Foundation ($2.7m) and Arizona Cancer Foundation for Children ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $246k (12% of expenses). Other salaries and wages came to $355k. At year end it held assets of $1.3m against liabilities of $51k, net assets of $1.2m. It reported 11 employees.