Cadence International

Analysis

Cadence International is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in August 1957, 69 years ago. 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 May 2023, Cadence International reported income of $14.6m and spending of $12.0m, spending 82% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $11.2m to $14.6m (+30%), an average of +9.2% a year. The sharpest change came in the year to May 2023, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cadence International sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include American Society for Reproductive Medicine ($14.6m), Masshire Hampden County Workforce Board Inc ($14.6m) and Legal Aid Society of the District of Columbia ($14.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $731k (6.1% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $12.9m against liabilities of $935k, net assets of $12.0m. It reported 193 employees.