Caring Cupboard LLC

Analysis

Caring Cupboard LLC is a registered charity in United States, based in Pasadena, MD. It received its IRS tax-exemption ruling in March 2019, 7 years ago. 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, Caring Cupboard LLC reported income of $74k and spending of $84k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $74k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caring Cupboard LLC sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Tazewell County Resource Centers ($74k), Illinois Congress of Parents Teachers ($74k) and Perceptions Yoga Mindfulness and Art Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.