Cfa Institute Research Foundation

Analysis

Cfa Institute Research Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Cfa Institute Research Foundation reported income of $902k and spending of $620k, leaving 31% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $909k to $902k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to August 2022, when income rose by 240%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cfa Institute Research Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Piedmont Technical College Foundation Inc ($902k), Children of Light Academy Inc ($903k) and Finishing Trades Institute District Council 10 ($902k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 42% and program service revenue 0.3% of the total. At year end it held assets of $19.0m against liabilities of $87k, net assets of $18.9m.