Cencora Team Assistance Fund

Analysis

Cencora Team Assistance Fund is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, Cencora Team Assistance Fund reported income of $133k and spending of $342k, spending 258% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $309k to $133k (-57%), an average of -19% a year. The sharpest change came in the year to September 2022, when income rose by 379%. Over the whole period it spent 78% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Cencora Team Assistance Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Seven Cray Street Realty Corporation ($133k), Highland Chemical Engine Company ($133k) and Covington Volunteer Fire Department ($133k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $875k against liabilities of $153k, net assets of $722k.