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Consortium for Graduate Study in Management

RegisteredEIN 43-0962198Chesterfield, MOOther charitable purposes
Income$59.2m2023-06
Spending$59.2msame year
Spent / received99%5-year average
Size in its cause99th pctOther charitable purposes
Exempt since1971Publicly supported organisat
Employees23latest return

Analysis

Consortium for Graduate Study in Management is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in July 1971, 55 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 June 2023, Consortium for Graduate Study in Management reported income of $59.2m and spending of $59.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.4m to $59.2m (+33%), an average of +7.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Consortium for Graduate Study in Management sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Andeco Institute ($59.1m), Adventhealth Ransom Memorial Inc ($59.2m) and Tabitha Inc ($59.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (1.9% of expenses). Other salaries and wages came to $786k. At year end it held assets of $9.5m against liabilities of $2.2m, net assets of $7.4m. It reported 23 employees.

Income and spending

$0$14.8m$29.6m$44.4m$59.2m2019 Income: $44,432,8622019 Spending: $44,092,28920192020 Income: $46,681,7382020 Spending: $46,450,46720202021 Income: $50,285,6682021 Spending: $49,201,32520212022 Income: $57,272,3612022 Spending: $56,188,61120222023 Income: $59,166,8692023 Spending: $59,247,8952023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.4%
  • Program services 98%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Andeco InstituteMcLean$59.1m
Adventhealth Ransom Memorial IncOttawa$59.2m
Tabitha IncLincoln$59.0m
Young Mens Christian Association of Central TexasRound Rock$59.3m