Cairo Development Foundation Inc

Analysis

Cairo Development Foundation Inc is a registered charity in United States, based in Cairo, NY. It received its IRS tax-exemption ruling in September 2021, 5 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, Cairo Development Foundation Inc reported income of $181k and spending of $109k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $181k (+146%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cairo Development Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Planting Possibilities ($181k), SDHC Building Opportunities Inc ($181k) and 1team1dream ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 63% of the total. At year end it held assets of $439k against liabilities of $222k, net assets of $217k.