Continental Societies Inc

Analysis

Continental Societies Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, Continental Societies Inc reported income of $278k and spending of $235k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $208k to $278k (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Continental Societies Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include Golden Valley Health Centers Foundation ($278k), Mamies Poppy Plates ($278k) and United Way of Stephens County Inc ($277k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.