Cao Research Foundation Inc

Analysis

Cao Research Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover medical research, 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, Cao Research Foundation Inc reported income of $111k and spending of $132k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $111k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cao Research Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include New Beginnings Ministries of Wabash County Inc ($111k), Survivors of Suicide-San Diego ($111k) and Foreknown Ministries ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 54% of the total. At year end it held assets of $3,359 against liabilities of $23k, net assets of -$20k.