Collaborative Learning Project Inc

Analysis

Collaborative Learning Project Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Collaborative Learning Project Inc reported income of $2.1m and spending of $1.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.1m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collaborative Learning Project Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Tobinworld ($2.1m), Ruby Central Inc ($2.1m) and Abigail Adams Institute Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $172k (9.4% of expenses). Other salaries and wages came to $863k. At year end it held assets of $3.3m against liabilities of $2.5m, net assets of $835k. It reported 25 employees.