Cardboard Cares

Analysis

Cardboard Cares is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, 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, Cardboard Cares reported income of $249k and spending of $225k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $293k to $249k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cardboard Cares sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Sonoma Valley Community Communications Inc ($249k), Oregon East Symphony Inc ($249k) and Broken Box Mime Theater ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). Other salaries and wages came to $12k. At year end it held assets of $130k against liabilities of $51k, net assets of $79k. It reported 4 employees.