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Ceo Forum Inc

RegisteredEIN 20-2012491Highland Village, TXEducation and training
Income$3.9m2023-12
Spending$4.0msame year
Spent / received69%5-year average
Size in its cause87th pctEducation and training
Exempt since2005Publicly supported organisat
Employees22latest return

Analysis

Ceo Forum Inc is a registered charity in United States, based in Highland Village, TX. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Ceo Forum Inc reported income of $3.9m and spending of $4.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.9m (+111%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ceo Forum Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Virginia Western Community College Educational Founation Inc ($3.9m), First Baptist Church of Palm Coastchristian School Inc ($3.9m) and Providence Montessori School Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $307k (7.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.7m against liabilities of $1.3m, net assets of $7.4m. It reported 22 employees.

Income and spending

$0$1.6m$3.2m$4.8m$6.4m2019 Income: $1,837,1652019 Spending: $2,093,50720192020 Income: $3,141,2952020 Spending: $1,904,79920202021 Income: $4,506,8142021 Spending: $2,333,66220212022 Income: $6,449,1582022 Spending: $3,324,14320222023 Income: $3,882,8252023 Spending: $4,010,9882023
IncomeSpending

Where the income comes from

  • Contributions & grants 90%
  • Program services 7.0%
  • Other 3.1%

Similar-sized charities, same cause

CharityLocationIncome
Virginia Western Community College Educational Founation IncRoanoke$3.9m
First Baptist Church of Palm Coastchristian School IncPalm Coast$3.9m
Providence Montessori School IncLexington$3.9m
Lake Country Academy IncSheboygan$3.9m