The Conversation US Inc

Analysis

The Conversation US Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Conversation US Inc reported income of $14.9m and spending of $13.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $14.9m (+497%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 273%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Conversation US Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Apple Tree Early Learning Public Charter School ($14.9m), Washington Leadership Academy Public Charter School ($14.9m) and Storehouse for Teachers ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $8.9m against liabilities of $7.0m, net assets of $1.9m. It reported 33 employees.