Andres Y Maria Cardenas Family Foundation

Analysis

Andres Y Maria Cardenas Family Foundation is a registered charity in United States, based in Sylmar, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Andres Y Maria Cardenas Family Foundation reported income of $492k and spending of $477k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $492k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 425%. 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, Andres Y Maria Cardenas Family Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include High Plains Land Conservancy ($492k), S T a R for Early Childhood Educators Incorporated ($492k) and New Hampshire Fiscal Policy Institute ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. Other salaries and wages came to $70k. At year end it held assets of $1.2m against liabilities of $5,006, net assets of $1.2m. It reported 2 employees.