Concord Center Association Inc

Analysis

Concord Center Association Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Concord Center Association Inc reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $995k to $1.9m (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 202%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concord Center Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Ashland Supportive Housing and Community Outreach Inc ($1.9m), Community Living Concepts Inc ($1.9m) and Arc of Denver Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 26% of the total. Other salaries and wages came to $837k. At year end it held assets of $9.0m against liabilities of $13k, net assets of $8.9m. It reported 34 employees.