Cunningham Foundation

Analysis

Cunningham Foundation is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in November 1943, 83 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cunningham Foundation reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cunningham Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Summer Learning Collaborative ($1.3m), Missouri Valley Football Conference ($1.3m) and National Speleological Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $120k (8.8% of expenses). Other salaries and wages came to $613k. At year end it held assets of $2.1m against liabilities of $55k, net assets of $2.1m. It reported 73 employees.