CMC Initiative Inc

Analysis

CMC Initiative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 July 2023, CMC Initiative Inc reported income of $278k and spending of $364k, spending 131% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $225k to $278k (+24%), an average of +7.4% a year. The sharpest change came in the year to July 2021, when income rose by 17%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CMC Initiative Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Stars and Strides Stables ($278k), Near Vision Institute ($278k) and American Osteopathic College of Preventive Medicine Inc ($278k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $83k (23% of expenses). Other salaries and wages came to $103k. At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 4 employees.