Community Mercantile Educational Foundation Inc

Analysis

Community Mercantile Educational Foundation Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover medical research, 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 December 2023, Community Mercantile Educational Foundation Inc reported income of $55k and spending of $86k, spending 157% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $55k (-7.9%), an average of -7.9% a year. Over the whole period it spent 148% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Mercantile Educational Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within KS. Charities of a similar size with the same main cause include Pink Christmas Inc ($55k), Make-A-Way Inc ($55k) and Lou Ruspi Jr Foundation Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $32k against liabilities of $1,462, net assets of $30k.