Cultivate Abundance

Analysis

Cultivate Abundance is a registered charity in United States, based in N Ft Myers, FL. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Cultivate Abundance reported income of $228k and spending of $247k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $245k to $228k (-6.8%), an average of -6.8% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cultivate Abundance sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Paicines Ranch Learning Center ($228k), John G Jones Learning Center ($228k) and RH Helping Hands Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $174k. At year end it held assets of $64k against liabilities of $50k, net assets of $13k. It reported 4 employees.