Events for a Cause

Analysis

Events for a Cause is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Events for a Cause reported income of $88k and spending of $86k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $242k to $88k (-64%), an average of -29% a year. The sharpest change came in the year to December 2022, when income rose by 552%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Events for a Cause sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Conrad Company Foundation ($88k), Cactus Jack Foundation Inc ($88k) and Laurels Legacy Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $35k against liabilities of $10k, net assets of $25k.