Cubingusa

Analysis

Cubingusa is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cubingusa reported income of $435k and spending of $367k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $259k to $435k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cubingusa sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Rittman Academy ($435k), Pathways Academy ($435k) and Mary Weems Barton Quincy Public Library Foundation ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.