CMS Foundation Inc

Analysis

CMS Foundation Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CMS Foundation Inc reported income of $814k and spending of $1.1m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $814k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 275%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CMS Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Hill Country Senior Citizens Activity Center ($814k), Children of the Valley ($814k) and Carolina Family Connections ($814k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.