Central Montcalm Community Foundation

Analysis

Central Montcalm Community Foundation is a registered charity in United States, based in Stanton, MI. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central Montcalm Community Foundation reported income of $146k and spending of $83k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $146k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Montcalm Community Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Friends of the Chesterfield County Public Library ($146k), The@makerbarn ($146k) and Aci-Na Educational Foundation ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.1m against liabilities of $6,220, net assets of $2.1m. It reported 1 employees.