Caners Foundation Endowment for Research Scholarship

Analysis

Caners Foundation Endowment for Research Scholarship is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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, Caners Foundation Endowment for Research Scholarship reported income of $122k and spending of $191k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $122k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 285%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caners Foundation Endowment for Research Scholarship sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include St Marys Foundation Inc ($122k), Womens Club of Auburn ($122k) and PTA Florida Congress ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $3.7m against liabilities of $11k, net assets of $3.7m.