CMC Leverage Lender Inc

Analysis

CMC Leverage Lender Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, CMC Leverage Lender Inc reported income of $86k and spending of $122, leaving 100% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $9.2m to $86k (-99%), an average of -90% a year. The sharpest change came in the year to June 2022, when income dropped by 99%. Over the whole period it spent 0.0% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, CMC Leverage Lender Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Poetry Promise Inc ($86k), Chanson Inc ($86k) and Lafayette Citizens Band Inc ($86k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.4m against liabilities of $0, net assets of $9.4m.