Cedars of Marin

Analysis

Cedars of Marin is a registered charity in United States, based in Ross, CA. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cedars of Marin reported income of $14.4m and spending of $13.1m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.6m to $14.4m (+36%), an average of +7.9% a year. The sharpest change came in the year to September 2021, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedars of Marin sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Times2 Inc ($14.4m), Libertas Network ($14.4m) and Umh Ny Corp ($14.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $486k (3.7% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $29.4m against liabilities of $2.2m, net assets of $27.2m. It reported 156 employees.