Cazeo Inc

Analysis

Cazeo Inc is a registered charity in United States, based in Manchester, CT. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cazeo Inc reported income of $75k and spending of $66k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $75k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cazeo Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Green Mountain High School Band Boosters ($75k), Baraboo Contractors & Students Inc ($75k) and Yesshecancampaign ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.