Cayenne Wellness Center and Childrens Foundation Inc

Analysis

Cayenne Wellness Center and Childrens Foundation Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cayenne Wellness Center and Childrens Foundation Inc reported income of $10.6m and spending of $1.7m, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $10.6m (+3730%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 1265%. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cayenne Wellness Center and Childrens Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Minnesota Masonic Charities Funds ($10.6m), Father Flanagans Boys Home ($10.6m) and The Legacy at Home Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $116k (7.0% of expenses). Other salaries and wages came to $452k. At year end it held assets of $9.3m against liabilities of $2,406, net assets of $9.3m. It reported 27 employees.