Cassatt in the Basin

Analysis

Cassatt in the Basin is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Cassatt in the Basin reported income of $113k and spending of $117k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $122k to $113k (-7.5%), an average of -7.5% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cassatt in the Basin sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Kirtland Community College Foundation ($113k), Little League Baseball Inc ($113k) and Small World Preschool ($113k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.