Concensio Collective Inc

Analysis

Concensio Collective Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Concensio Collective Inc reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $738k to $1.3m (+78%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concensio Collective Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Delaware Valley School for Exceptional Children ($1.3m), Keswick Kids Inc ($1.3m) and Mosaic Project ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Other salaries and wages came to $690k. At year end it held assets of $606k against liabilities of $7,990, net assets of $598k. It reported 41 employees.