Concord Review

Analysis

Concord Review is a registered charity in United States, based in Sudbury, MA. It received its IRS tax-exemption ruling in May 1988, 38 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 June 2023, Concord Review reported income of $1.0m and spending of $761k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $457k to $1.0m (+119%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concord Review sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Metasport FC Inc ($1.0m), Wildflower Cottage for Children Inc ($1.0m) and Rye Youth Soccer Club Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $96k (13% of expenses). Other salaries and wages came to $126k. At year end it held assets of $1.4m against liabilities of $376k, net assets of $1.1m. It reported 2 employees.