Career and Technical Education Consortium of States Inc

Analysis

Career and Technical Education Consortium of States Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Career and Technical Education Consortium of States Inc reported income of $1.9m and spending of $1.4m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.9m (+38%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Career and Technical Education Consortium of States Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include National Council for History Education Inc ($1.9m), Hartridge Academy Inc ($1.9m) and Montessori Society of Ashton Incorporated ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $149k (10% of expenses). Other salaries and wages came to $319k. At year end it held assets of $4.6m against liabilities of $489k, net assets of $4.1m. It reported 4 employees.