Counterpoint Inc
Analysis
Counterpoint Inc is a registered charity in United States, based in Livingston, MT. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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, Counterpoint Inc reported income of $1.8m and spending of $1.7m, spending 95% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.4m to $1.8m (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Counterpoint Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within MT. Charities of a similar size with the same main cause include Jeffco Housing Corporation ($1.8m), Shenandoah Womens Center Inc ($1.8m) and International Society of Hair Surgeons ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $67k (3.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $855k against liabilities of $87k, net assets of $768k. It reported 65 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 85%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jeffco Housing Corporation | Wheat Ridge | $1.8m |
| Shenandoah Womens Center Inc | Martinsburg | $1.8m |
| International Society of Hair Surgeons | Elgin | $1.8m |
| Los Gatos Education Foundation | Los Gatos | $1.8m |