Cape Cod Canal Region Foundation Inc

Analysis

Cape Cod Canal Region Foundation Inc is a registered charity in United States, based in Buzzards Bay, MA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Cape Cod Canal Region Foundation Inc reported income of $89k and spending of $79k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $89k (+151%), an average of +151% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cape Cod Canal Region Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Rural Gone Urban Foundation Inc ($89k), Guttenberg Economic and Industrial Development Committee ($89k) and South Wasco Alliance ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $118k against liabilities of $51k, net assets of $67k.