C F S C Inc

Analysis

C F S C Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, C F S C Inc reported income of $1.2m and spending of $2.0m, spending 162% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.2m (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C F S C Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Our House Inc ($1.2m), Lebanon Area Foundation ($1.2m) and Niagara Lutheran Home Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 90% of the total. At year end it held assets of $9.3m against liabilities of $7.0m, net assets of $2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.