Caidp

Analysis

Caidp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Caidp reported income of $714k and spending of $409k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $115k to $714k (+522%), an average of +150% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Caidp sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include Forge Nashville ($714k), Jackson Hole Public Art ($714k) and Connecticut Invention Convention Inc ($714k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (26% of expenses). Other salaries and wages came to $20k. At year end it held assets of $439k against liabilities of $7,919, net assets of $431k. It reported 3 employees.