CSRM Foundation Inc

Analysis

CSRM Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, CSRM Foundation Inc reported income of $189k and spending of $293k, spending 155% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $497k to $189k (-62%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, CSRM Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Ukrainian Congress Committee of America Georgia Branch Inc ($189k), Beat ($189k) and American Friends of Zeitz Mocaa ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 2 employees.