Ctu Foundation Inc

Analysis

Ctu Foundation Inc is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ctu Foundation Inc reported income of $2.1m and spending of $2.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.1m (+7.8%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ctu Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Alumni and Friends of Osnaburg Schools Foundation ($2.1m), Society for the Study of Reproduction Inc ($2.1m) and Mesivta Ohr Yisroel Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 76% of the total. Other salaries and wages came to $46k. At year end it held assets of $4.3m against liabilities of $4.4m, net assets of -$147k.