Consumers Research Inc

Analysis

Consumers Research Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in June 1939, 87 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Consumers Research Inc reported income of $8.2m and spending of $10.0m, spending 122% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $492k to $8.2m (+1556%), an average of +75% a year. The sharpest change came in the year to December 2021, when income rose by 860%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Consumers Research Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Nome Community Center Inc ($8.2m), Ascension Seton Foundation ($8.2m) and St James Health and Wellness Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $214k (2.1% of expenses). Other salaries and wages came to $546k. At year end it held assets of $945k against liabilities of $424k, net assets of $521k. It reported 5 employees.