Cultivate International

Analysis

Cultivate International is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in June 2016, 10 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, Cultivate International reported income of $65k and spending of $94k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $65k (+0.4%), an average of +0.4% a year. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cultivate International sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Viet Hung Foundation Inc ($65k), Frame Works International ($65k) and Olga Loizon Memorial Foundation ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $21k against liabilities of $58, net assets of $21k.