CBMC Inc

Analysis

CBMC Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CBMC Inc reported income of $62k and spending of $65k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $62k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, CBMC Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Christ Cathedral Ministries ($62k), Women of Purpose Intl ($62k) and Miles of Smiles Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.