CMC Foundation for Change

Analysis

CMC Foundation for Change is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, 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, CMC Foundation for Change reported income of $643k and spending of $544k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $643k (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CMC Foundation for Change sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Duanesburg Volunteer Ambulance Corps Inc ($643k), Down Syndrome Association of Minnesota ($643k) and Texas Suicide Prevention Collaborative ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $179k (33% of expenses). Other salaries and wages came to $165k. At year end it held assets of $224k against liabilities of $401k, net assets of -$177k. It reported 8 employees.