Team CMMD Foundation

Analysis

Team CMMD Foundation is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in February 2015, 11 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 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, Team CMMD Foundation reported income of $80k and spending of $77k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $510k to $80k (-84%), an average of -37% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Team CMMD Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Victory Bell Club Inc ($80k), Talon Eagle S Wing Ministry Corp ($80k) and Right to Be Free ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 56% of the total. At year end it held assets of $305k against liabilities of $16k, net assets of $289k.