CF Foundation Inc

Analysis

CF Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1988, 38 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CF Foundation Inc reported income of $14.2m and spending of $13.2m, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.9m to $14.2m (+268%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CF Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include W W Caruth Jr Foundation ($14.2m), Daughters of Charity Foundation ($14.2m) and The Community Foundation of Southern New Mexico ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $682k. At year end it held assets of $67.7m against liabilities of $49k, net assets of $67.7m. It reported 7 employees.