Continuum Management Corporation

Analysis

Continuum Management Corporation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in April 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Continuum Management Corporation reported income of $1.5m and spending of $550k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $585k to $1.5m (+153%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Continuum Management Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include Moraine Park Foundation Inc ($1.5m), McKeesport Hospital Foundation ($1.5m) and Long Island Royals Junior Hockey Club Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 80% of the total. At year end it held assets of $17.3m against liabilities of $10.1m, net assets of $7.1m.