Insight Collaborative Inc

Analysis

Insight Collaborative Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in December 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Insight Collaborative Inc reported income of $93k and spending of $92k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $93k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Insight Collaborative Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include American Association of University Women LA Mesa-El Cajon Ca FDN ($93k), Illumination Festival Inc ($93k) and Rotary Club of Dr Phillips Foundation Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 95% of the total. At year end it held assets of $126k against liabilities of $7,178, net assets of $118k.