Cadre Inc

Analysis

Cadre Inc is a registered charity in United States, based in College Park, GA. It received its IRS tax-exemption ruling in June 2022, 4 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, Cadre Inc reported income of $591k and spending of $575k, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $326k to $591k (+81%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cadre Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Lighthouse Project Inc ($591k), Ability Partners Foundation ($591k) and Chicago Dugsi Center Inc ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (13% of expenses). Other salaries and wages came to $307k. At year end it held assets of $81k against liabilities of $38k, net assets of $43k. It reported 12 employees.