Center for Collaborative Education Inc

Analysis

Center for Collaborative Education Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Collaborative Education Inc reported income of $4.4m and spending of $5.0m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.6m to $4.4m (-23%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Collaborative Education Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Kutztown University Student Services Inc ($4.4m), North House Folk School ($4.4m) and Good Foundations Academy Charter School ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $286k (5.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.4m against liabilities of $6.5m, net assets of $1.8m. It reported 26 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.