Cdu Foundation

Analysis

Cdu Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cdu Foundation reported income of $159k and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $9.6m to $159k (-98%), an average of -75% a year. The sharpest change came in the year to June 2021, when income dropped by 98%. Over the whole period it spent 0.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cdu Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Meadville Martin Luther King Jr Scholarship Fund ($159k), Create Calm Inc ($159k) and Foundation for the History of Women in Medicine ($159k).

At year end it held assets of $10.6m against liabilities of $485k, net assets of $10.1m.