The Corliss Institute Inc

Analysis

The Corliss Institute Inc is a registered charity in United States, based in Warren, RI. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, The Corliss Institute Inc reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Corliss Institute Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within RI. Charities of a similar size with the same main cause include Westview Behavioral Health Services ($2.2m), Wakulla Senior Citizens Council Inc ($2.2m) and New Hampshire College & University Council ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $125k (5.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $337k, net assets of $1.7m. It reported 41 employees.