CPG Cares Inc

Analysis

CPG Cares Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in May 2021, 5 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 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, CPG Cares Inc reported income of $237k and spending of $190k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $17k to $237k (+1306%), an average of +275% a year. The sharpest change came in the year to December 2022, when income rose by 1561%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CPG Cares Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include National Police Dog Foundation Inc ($237k), Andersons Fund Supporting Organization ($237k) and Plymouth Endowment Foundation ($237k).

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 $271k against liabilities of $0, net assets of $271k.