CNS Healthcare Foundation

Analysis

CNS Healthcare Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 1998, 28 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 September 2023, CNS Healthcare Foundation reported income of $84k and spending of $95k, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6,100 to $84k (+1284%), an average of +93% a year. The sharpest change came in the year to September 2020, when income rose by 3482%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CNS Healthcare Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include St Louis Celebrity Seniors Inc ($84k), Strong Roots Charitable Foundation ($84k) and Fordney Club ($84k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $974k against liabilities of $6,142, net assets of $968k.