Collaborative Solutions Corp

Analysis

Collaborative Solutions Corp is a registered charity in United States, based in Richmond, VT. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Collaborative Solutions Corp reported income of $9.2m and spending of $9.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $9.2m (+14%), an average of +3.4% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Collaborative Solutions Corp 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 95th percentile, and in the 95th percentile within VT. Charities of a similar size with the same main cause include Compassion Health Care Inc ($9.2m), Benedictine Living Community of Mora ($9.2m) and Technical Assistance Partnership of Arizona ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $130k (1.4% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $4.4m against liabilities of $1.8m, net assets of $2.6m. It reported 155 employees.