Cuala Foundation Inc

Analysis

Cuala Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. 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, Cuala Foundation Inc reported income of $53k and spending of $66k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $53k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cuala Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Hugh Obrian Youth Leadership ($53k), PTA New Jersey Congress of Parents & Teachers ($53k) and Foundation for Preservation of American Indian Art and Culture ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,235 against liabilities of $0, net assets of $1,235.