James H Cummings Foundation Inc
James H Cummings Foundation maintains strong asset base with fluctuating revenue and consistent zero officer compensation.
EIN: 160864200 · Buffalo, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $3.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $46 |
| Net Assets | $45.3M |
| Transparency Score | 95/100 |
Is James H Cummings Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James H Cummings Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James H Cummings Foundation Inc
James H Cummings Foundation Inc (EIN: 160864200) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $5.2M and total assets of $46.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James H Cummings Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James H Cummings Foundation Inc is a mid-size nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $45.3M |
| Total Liabilities | $1 |
| Net Assets | $45.3M |
| Operating Margin | 26.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 181.9 months |
Financial Health Grade: A
In 2024, James H Cummings Foundation Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 181.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), James H Cummings Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +199.2% | +14.8% | +12.1% |
| 2023 | -51.0% | +33.1% | -7.0% |
| 2022 | +44.2% | -19.8% | -9.2% |
| 2021 | +67.6% | +26.5% | +32.3% |
| 2020 | +25.3% | +15.3% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates James H Cummings Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, James H Cummings Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly commendable for an organization with assets exceeding $46 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for James H Cummings Foundation Inc:
- Consistent zero officer compensation, indicating high efficiency and mission focus.
- Strong and growing asset base, currently at $46,423,823, demonstrating financial stability.
- Minimal liabilities reported across all filings, suggesting sound financial management.
- Consistent expense management despite fluctuating revenues, indicating operational control.
Frequently Asked Questions about James H Cummings Foundation Inc
Is James H Cummings Foundation Inc a legitimate charity?
James H Cummings Foundation Inc (EIN: 160864200) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.2M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does James H Cummings Foundation Inc spend its money?
James H Cummings Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to James H Cummings Foundation Inc tax-deductible?
James H Cummings Foundation Inc is registered as a tax-exempt nonprofit (EIN: 160864200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James H Cummings Foundation Inc CEO make?
James H Cummings Foundation Inc's highest-compensated officer earns $46 annually. The organization reported $5.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is James H Cummings Foundation Inc located?
James H Cummings Foundation Inc is headquartered in Buffalo, New York and files with the IRS under EIN 160864200.
How many years of IRS 990 filings does James H Cummings Foundation Inc have?
James H Cummings Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.2M in total revenue.
Is James H Cummings Foundation Inc a good charity?
Based on the available financial data, the James H Cummings Foundation Inc appears to be a very good charity. It maintains a strong asset base ($46,423,823), consistently reports zero officer compensation, and has a history of managing expenses responsibly. These factors suggest a high commitment to its mission and efficient use of resources.
How has the foundation's revenue trended over the last decade?
The foundation's revenue has shown significant volatility over the last decade, ranging from a peak of $11,692,370 in 2014 to a low of $915,255 in 2016. More recently, it reported $4,066,178 in 2024, following $1,359,053 in 2023 and $2,770,925 in 2022.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported in all available IRS 990 filings. This indicates that no officers are paid by the foundation, which is a strong positive indicator for resource allocation.
How stable are the foundation's assets?
The foundation's assets have been very stable and have grown significantly over the decade, from $25,595,422 in 2012 to $46,423,823 currently. This demonstrates strong financial stewardship and long-term stability.
Filing History
IRS 990 filing history for James H Cummings Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), James H Cummings Foundation Inc's revenue has grown by 183.8%, moving from $1.4M to $4.1M. Total assets increased by 77.1% over the same period, from $25.6M to $45.3M. Total functional expenses rose by 40.9%, from $2.1M to $3.0M. In its most recent filing year (2024), James H Cummings Foundation Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $45.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $45.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.1M | $3.0M | $45.3M | $1 | — | View 990 |
| 2023 | $1.4M | $2.6M | $40.4M | $1 | — | View 990 |
| 2022 | $2.8M | $2.0M | $43.5M | $1 | — | View 990 |
| 2021 | $1.9M | $2.4M | $47.9M | $1 | — | — |
| 2020 | $1.1M | $1.9M | $36.2M | $1 | — | — |
| 2016 | $915K | $1.7M | $34.8M | $0 | — | View 990 |
| 2015 | $1.4M | $1.3M | $37.4M | $0 | — | View 990 |
| 2014 | $11.7M | $2.6M | $36.5M | $0 | — | View 990 |
| 2013 | $1.9M | $2.3M | $25.2M | $0 | — | View 990 |
| 2012 | $1.4M | $2.1M | $25.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.1M, expenses of $3.0M, and assets of $45.3M (revenue +199.2% year-over-year).
- 2023: Revenue of $1.4M, expenses of $2.6M, and assets of $40.4M (revenue -51.0% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.0M, and assets of $43.5M (revenue +44.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.4M, and assets of $47.9M (revenue +67.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.9M, and assets of $36.2M (revenue +25.3% year-over-year).
- 2016: Revenue of $915K, expenses of $1.7M, and assets of $34.8M (revenue -32.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $37.4M (revenue -88.3% year-over-year).
- 2014: Revenue of $11.7M, expenses of $2.6M, and assets of $36.5M (revenue +502.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.3M, and assets of $25.2M (revenue +35.6% year-over-year).
- 2012: Revenue of $1.4M, expenses of $2.1M, and assets of $25.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James H Cummings Foundation Inc:
Data Sources and Methodology
This transparency report for James H Cummings Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.