CMCS Foundation
Analysis
CMCS Foundation is a registered charity in United States, based in Prinsburg, MN. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, CMCS Foundation reported income of $897k and spending of $752, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $897k (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 312%. Over the whole period it spent 12% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, CMCS Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include The Center for Applied Learning and Leadership ($897k), Hope Community Christian Academy ($897k) and Madison Montessori School ($897k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Center for Applied Learning and Leadership | Colorado SPGS | $897k |
| Hope Community Christian Academy | Ignacio | $897k |
| Madison Montessori School | Madison | $897k |
| Boys & Girls Club of Morgan County Inc | Mooresville | $897k |