Public Sector Consortium Inc

Analysis

Public Sector Consortium Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Public Sector Consortium Inc reported income of $85k and spending of $120k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $85k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Public Sector Consortium Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Meadows of Dan Ruritan Inc ($85k), Humble Lions Club Charities Inc ($85k) and Harlem Advocates for Seniors Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $27k (23% of expenses). At year end it held assets of $504k against liabilities of $133k, net assets of $371k.