CBMC Inc

Analysis

CBMC Inc is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in March 1966, 60 years ago. 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, CBMC Inc reported income of $138k and spending of $190k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $138k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CBMC Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include General Federation of Womens Clubs ($138k), Clarks Neck Volunteer Fire Department Inc ($138k) and Ust Nurses Association International ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.