Imc Charitable Foundation EIN 26-3082840

Imc Charitable Foundation

EIN  26-3082840 Public foundation / grantmaker Malvern, PA Founded 2008
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Grants publicly funded charities for humanitarian, environmental, scientific, literary, or educational work.
Leadership
Robert Cottone · Trustee
Money in and out
$237K revenue, $108K expenses
Bottom line
98% program efficiency

Grants publicly funded charities for humanitarian, environmental, scientific, literary, or educational work. For fiscal year 2025 it reported $237K in revenue, $108K in expenses, and $515K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$237K
Pt VIII · Ln 12
Total expenses
$108K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $129K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
57.1mo
months of highly liquid reserves at operating expense rate▲ +101% vs prior filing year
Surplus margin
+54%
revenue over expenses, this year▲ +90% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$237K
FY2025▲ +4%
Expenses
$108K
FY2025▼ -34%
Total assets
$515K
FY2025▲ +34%
Total liabilities
$0
FY2025
Total revenue
$237K
Pt VIII · Ln 12
Total expenses
$108K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$129K
Total assetsPt X · Ln 16$515K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $106K of program spending, described in the organization's own filed words · FY2025.
01

The foundation hosts an annual golf outing at which selected public charities may present their mission, purpose and needs to the participants and to the general public. The contributions donated by the participants were used by the foundation to provide grants to 10 public charities during 2025.

$106Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImc Charitable Foundation
EINHdr · item D26-3082840
Principal addressHdr · item CMalvern, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2008
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFSep 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director of Finance
$0Pt VII · Sec A
See Imc Charitable Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$203K · 85%
Other revenue$34K · 14%
Contributions & grants85%$203K
Other revenue14%$34K
Investment income$84
Total revenueLn 12$237K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$106K
Management & general2%$3K
Total functional expensesLn 25$108K

Balance Sheet

Part X · end of year
CashLn 1$515K
Total assetsLn 16$515K
Total liabilitiesLn 26$0
Total net assetsLn 32$515K
Months of cash on handcomputed57.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $515K · Operating expenses/yr $108K
57.1 months
Where the money goes
Program services
Program services $106K · Total expenses $108K
98%
Management & General
Management & general $3K · Total expenses $108K
2%
Fundraising
Fundraising $0 · Total expenses $108K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $203K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $203K · Total revenue $237K
85%
Government reliance
Government grants — · Total revenue $237K
Earned-income share
Program service revenue $0 · Total revenue $237K
0%
Investment reliance
Investment income $84 · Total revenue $237K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $108K
0%
Growth & trend
Revenue growth (YoY)
This year $237K · Prior year $229K
+4%
Revenue CAGR
FY2020 $226K · FY2025 $237K
+1%
Net-asset trend (YoY)
End of year $515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $237K · Expenses $108K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $515K
Net-asset ratio
Net assets $515K · Total assets $515K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $515K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Cottone · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $108K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $108K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Revenue growth 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 41 grants · $1.1M · 2020–2025
La Salle UniversityPA · FY2025$25,000
Heights PhiladelphiaPA · FY2025$15,000
Summer SearchCA · FY2025$7,000
Historic Yellow Springs INCPA · FY2025$6,000
La Salle UniversityPA · FY2024$40,000
Westtown SchoolPA · FY2024$10,000
Peter's PlacePA · FY2024$10,000
La Salle UniversityPA · FY2023$34,500
Chester County Food BankPA · FY2023$20,000
Peter's PlacePA · FY2023$10,000
La Salle UniversityPA · FY2022$300,000
See all 41 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$237K revenue · viewing · ⤓ 990 PDF
FY2024$229K revenue · ⤓ 990 PDF
FY2023$208K revenue · ⤓ 990 PDF
FY2022$218K revenue · ⤓ 990 PDF
FY2021$236K revenue · ⤓ 990 PDF
FY2020$226K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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