CCB Foundation Inc

Analysis

CCB Foundation Inc is a registered charity in United States, based in Rockport, MA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, CCB Foundation Inc reported income of $806k and spending of $607k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $282k to $806k (+185%), an average of +185% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CCB Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Sparta Ambulance Service Inc ($806k), Cabell Wayne Association of the Blind Inc ($806k) and Healthy Woman Womens Clinics of ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $316k. At year end it held assets of $730k against liabilities of $407k, net assets of $324k. It reported 9 employees.