Congressional Management Foundation

Analysis

Congressional Management Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Congressional Management Foundation reported income of $933k and spending of $1.3m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $933k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congressional Management Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 53rd percentile within DC. Charities of a similar size with the same main cause include Tri County Tech Endowment Fund Inc ($933k), Boy Scouts of America ($933k) and Trade Task Group ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $426k (33% of expenses). Other salaries and wages came to $337k. At year end it held assets of $795k against liabilities of $543k, net assets of $252k. It reported 10 employees.