Candeo Counseling Center Inc

Analysis

Candeo Counseling Center Inc is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Candeo Counseling Center Inc reported income of $994k and spending of $903k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $994k (+338%), an average of +109% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Candeo Counseling Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within IA. Charities of a similar size with the same main cause include Valeo Inc ($993k), Tradition Family Property Louisiana Inc ($995k) and Hope of the Poor Inc ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Other salaries and wages came to $131k. At year end it held assets of $148k against liabilities of $109k, net assets of $39k. It reported 3 employees.