Cacna1a Foundation Inc

Analysis

Cacna1a Foundation Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Cacna1a Foundation Inc reported income of $386k and spending of $454k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $485k to $386k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cacna1a Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Project Koru ($386k), Jpma Cares Inc ($386k) and Jewish Hospital & St Marys Healthcare Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $863k against liabilities of $178k, net assets of $685k.