Cabc USA Inc

Analysis

Cabc USA Inc is a registered charity in United States, based in New Berlin, WI. It received its IRS tax-exemption ruling in May 2018, 8 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, Cabc USA Inc reported income of $2.3m and spending of $2.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $633k to $2.3m (+267%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 205%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cabc USA Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Galatains 6 2 Inc ($2.3m), Lockman Foundation ($2.3m) and Mount Abarim Baptist Mission International Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $36k (1.5% of expenses). At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.