Cma Foundation

Analysis

Cma Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Cma Foundation reported income of $4.3m and spending of $2.4m, leaving 44% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $4.9m to $4.3m (-12%), an average of -3.1% a year. The sharpest change came in the year to March 2023, when income rose by 90%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cma Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Mikeroweworks Foundation ($4.3m), National Foundation Inc ($4.3m) and Kehe Cares Foundation Inc ($4.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $311k. At year end it held assets of $13.9m against liabilities of $38k, net assets of $13.9m.