Cadal Foundation Inc

Analysis

Cadal Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cadal Foundation Inc reported income of $169k and spending of $147k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $169k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cadal Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Life Ansanm Ministries ($169k), Sams House - a Nepalese Orphanage ($169k) and Helping Hands Missions Corp ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.