Insight Enterprises Inc

Analysis

Insight Enterprises Inc is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in March 1988, 38 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 June 2023, Insight Enterprises Inc reported income of $743k and spending of $783k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $644k to $743k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Insight Enterprises Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include City Sprouts Inc ($742k), Federal Hill Commerce Association Inc ($743k) and Jaycees International Foundation Inc ($742k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $75k (9.6% of expenses). Other salaries and wages came to $343k. At year end it held assets of $670k against liabilities of $340k, net assets of $330k. It reported 24 employees.