Commonwealth Center for Advanced Logistics Systems

Analysis

Commonwealth Center for Advanced Logistics Systems is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Commonwealth Center for Advanced Logistics Systems reported income of $350k and spending of $307k, spending 88% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $375k to $350k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Commonwealth Center for Advanced Logistics Systems sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include CSPS Hall Inc ($350k), Hui Ho Olana ($350k) and 1941 Historical Aircraft Group Inc ($350k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $236k against liabilities of $67k, net assets of $169k.