CNS Corporation

Analysis

CNS Corporation is a registered charity in United States, based in W Valley City, UT. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, CNS Corporation reported income of $5.3m and spending of $5.5m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $5.6m to $5.3m (-4.8%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CNS Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Local 15 15a 15d Operating Engineer Apprenticeship Skill Improvement ($5.3m), Hebrew Academy of Tidewater ($5.3m) and Northern Lights Junior Volleyball Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $12.6m against liabilities of -$587k, net assets of $13.2m. It reported 469 employees.