Cullen Childrens Foundation

Analysis

Cullen Childrens Foundation is a registered charity in United States, based in West Fargo, ND. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Cullen Childrens Foundation reported income of $386k and spending of $336k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $386k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cullen Childrens Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 61st percentile within ND. Charities of a similar size with the same main cause include The Samantha and Kyle Busch Bundle of Joy Fund ($386k), Bangladeshi American Community Development & Youth Service Corp ($386k) and Rochester Christian University Foundation ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $27k. At year end it held assets of $4.5m against liabilities of $301k, net assets of $4.2m. It reported 1 employees.