CFM Foundation

Analysis

CFM Foundation is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in April 1984, 42 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CFM Foundation reported income of $4.2m and spending of $3.7m, spending 87% of its income. Across the 5 years on record, from March 2020 to December 2023, income fell from $5.9m to $4.2m (-29%), an average of -8.1% a year. The sharpest change came in the year to March 2023, when income dropped by 51%. 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, CFM 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 91st percentile within IL. Charities of a similar size with the same main cause include United Way of Southwest Michigan ($4.2m), Midlands Community Foundation ($4.2m) and Community Foundation of Warren County ($4.2m).

Other salaries and wages came to $46k. At year end it held assets of $108.6m against liabilities of $608k, net assets of $108.0m. It reported 1 employees.