Cape Ann Plein Air Inc

Analysis

Cape Ann Plein Air Inc is a registered charity in United States, based in Essex, MA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cape Ann Plein Air Inc reported income of $57k and spending of $70k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $57k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cape Ann Plein Air Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include South Forsyth Rotary Charities Inc ($57k), Carolina Achieve Inc ($57k) and Orange County Vietnam Catholic Mission ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 41% of the total. At year end it held assets of $59k against liabilities of $1,100, net assets of $58k.