Cec Foundation

Analysis

Cec Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cec Foundation reported income of $575k and spending of $620k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $575k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cec Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Sacred Story Institute ($574k), House University Ministries of Chattanooga ($575k) and Islamic Center of Warren ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.