Con-Solatio

Analysis

Con-Solatio is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Con-Solatio reported income of $349k and spending of $374k, spending 107% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $239k to $349k (+46%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 318%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Con-Solatio sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Christian Coalition ($349k), Islamic Center of Queens New York Inc ($349k) and Stones Throw Farm Co ($348k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.