Concours D Elegance of America

Analysis

Concours D Elegance of America is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in March 2003, 23 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 2021, Concours D Elegance of America reported income of $176k and spending of $153, leaving 100% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $799k to $176k (-78%), an average of -53% a year. The sharpest change came in the year to December 2020, when income dropped by 86%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concours D Elegance of America sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Literacy Volunteers of Coconino County ($176k), Swan Impact Network Inc ($176k) and Fashion Foundation ($176k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 7.6% and program service revenue 7.1% of the total. Other salaries and wages came to $26k. At year end it held assets of $150k against liabilities of $2,000, net assets of $148k. It reported 2 employees.