Collegiate Consortium for Workforce and Economic Development

Analysis

Collegiate Consortium for Workforce and Economic Development is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in June 1999, 27 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, Collegiate Consortium for Workforce and Economic Development reported income of $675k and spending of $741k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $675k (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collegiate Consortium for Workforce and Economic Development sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include St Michael Academy ($675k), Craigardan Inc ($675k) and J Bulou Campbell TR Ua DTD 9237 Fbo Rabun Gap Nacoochee School ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Other salaries and wages came to $108k. At year end it held assets of $655k against liabilities of $106k, net assets of $549k. It reported 2 employees.