Cfsa Properties IV Inc

Analysis

Cfsa Properties IV Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cfsa Properties IV Inc reported income of $125k and spending of $164k, spending 131% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $94k to $125k (+33%), an average of +15% a year. The sharpest change came in the year to September 2022, when income rose by 35%. Over the whole period it spent 136% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cfsa Properties IV Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Donut Dash ($125k), North College Hill Scholarship Foundation Inc ($125k) and Bonny Lea Charitable Foundation ($125k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.6m against liabilities of $3.5m, net assets of $107k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.