Collectivexpress Incorporated

Analysis

Collectivexpress Incorporated is a registered charity in United States, based in Bratenahl, OH. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Collectivexpress Incorporated reported income of $128k and spending of $99k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $128k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Collectivexpress Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Barre Belle ($128k), Latah County Historical Society Inc ($128k) and Agora Productions Incorporated ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $71k against liabilities of $2,097, net assets of $69k.