Cba Fund

Analysis

Cba Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, 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, Cba Fund reported income of $1.3m and spending of $832k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $1.3m (+533%), an average of +59% a year. The sharpest change came in the year to December 2020, when income rose by 802%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cba Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Children & Family Circle of Sonoma County ($1.3m), Resources for Independent Living Inc ($1.3m) and Portland Widows Wood Society ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $109k (13% of expenses). Other salaries and wages came to $284k. At year end it held assets of $5.9m against liabilities of $2.0m, net assets of $3.9m.