Cedars Inc

Analysis

Cedars Inc is a registered charity in United States, based in Apopka, FL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Cedars Inc reported income of $522k and spending of $648k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $550k to $522k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cedars Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include MST Institute Inc ($522k), The Copper Club Inc ($522k) and National Asian Pacific American Families Allied for Substance ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $411k against liabilities of $0, net assets of $411k.