CPM Educational Program

Analysis

CPM Educational Program is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, CPM Educational Program reported income of $12.5m and spending of $12.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $12.5m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CPM Educational Program sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Hyde Leadership Charter School-Brooklyn ($12.5m), Council of Medical Specialty Societies ($12.5m) and Green Woods Charter School ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $742k (5.8% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $34.3m against liabilities of $9.3m, net assets of $25.0m. It reported 119 employees.