Cna Corporation

Analysis

Cna Corporation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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 September 2023, Cna Corporation reported income of $142.4m and spending of $140.5m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $124.3m to $142.4m (+15%), an average of +3.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cna Corporation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Options for Learning ($142.1m), Bay Cove Human Services Inc ($144.9m) and Evergreen Goodwill of Northwest Washington ($141.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3.8m (2.7% of expenses). Other salaries and wages came to $73.9m. At year end it held assets of $155.1m against liabilities of $99.9m, net assets of $55.2m. It reported 717 employees.