Custom Collaborative

Analysis

Custom Collaborative is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover employment, 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, Custom Collaborative reported income of $1.8m and spending of $1.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $1.8m (+449%), an average of +53% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Custom Collaborative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Advance Community Outreach Center Inc ($1.8m), Digital Bridge Inc ($1.8m) and Upper Kirby District Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Other salaries and wages came to $398k. At year end it held assets of $3.8m against liabilities of $2.5m, net assets of $1.4m. It reported 9 employees.