Council for Federal Cannabis Regulation Foundation

Analysis

Council for Federal Cannabis Regulation Foundation is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Council for Federal Cannabis Regulation Foundation reported income of $59k and spending of $179k, spending 306% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $260k to $59k (-77%), an average of -77% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Council for Federal Cannabis Regulation Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Loren Miller Bar Foundation ($59k), Hinsdale Middle School Parent- Teacher Organization ($59k) and Pottsboro Isd Education Foundation Inc ($59k).

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 $5,320 against liabilities of $274k, net assets of -$269k.