Canyon Blooms Petals for Patients

Analysis

Canyon Blooms Petals for Patients is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in July 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Canyon Blooms Petals for Patients reported income of $137k and spending of $147k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $137k (+157%), an average of +157% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Canyon Blooms Petals for Patients sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include SHC Foundation ($137k), Davis Memorial Foundation ($137k) and The Somerset Patriots Childrens Educational and Sportmanship ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $92k against liabilities of $108k, net assets of -$15k.