Childrens Cardiomyopathy Foundation Inc

Analysis

Childrens Cardiomyopathy Foundation Inc is a registered charity in United States, based in Tenafly, NJ. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Childrens Cardiomyopathy Foundation Inc reported income of $736k and spending of $555k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $938k to $736k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Cardiomyopathy Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Stxbp1 Foundation ($736k), PRC Medical of Douglas County Inc ($736k) and Polk Yamhill & Marion Child Treatment Services Inc ($735k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $160k (29% of expenses). Other salaries and wages came to $123k. At year end it held assets of $2.6m against liabilities of $12k, net assets of $2.6m. It reported 4 employees.