Cane River Charities Inc

Analysis

Cane River Charities Inc is a registered charity in United States, based in Natchitoches, LA. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Cane River Charities Inc reported income of $54k and spending of $59k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $70k to $54k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cane River Charities Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within LA. Charities of a similar size with the same main cause include Dress for Success Jackson ($54k), Attic After School ($54k) and Kuluntu Bakery ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% of the total. At year end it held assets of $299k against liabilities of $749, net assets of $298k. It reported 4 employees.