Csforma Inc

Analysis

Csforma Inc is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in November 2020, 6 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 June 2024, Csforma Inc reported income of $522k and spending of $732k, spending 140% of what it took in. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Csforma Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Medtechwomen ($522k), Rose Rock School Foundation ($522k) and Virtual Properties ($522k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $163k (22% of expenses). At year end it held assets of $393k against liabilities of $46k, net assets of $348k. It reported 2 employees.