Concourse Group Inc

Analysis

Concourse Group Inc is a registered charity in United States, based in Pleasantville, NY. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Concourse Group Inc reported income of $81k and spending of $127k, spending 157% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $279k to $81k (-71%), an average of -71% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Concourse Group Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include East Windsor Volunteer Fire Co 1 Inc ($81k), Victorian Village Inc CDC ($81k) and Warc Properties Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. At year end it held assets of $20k against liabilities of $488, net assets of $20k.