Corus Solutions Inc

Analysis

Corus Solutions Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Corus Solutions Inc reported income of $11.7m and spending of $11.4m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.0m to $11.7m (+135%), an average of +24% a year. The sharpest change came in the year to September 2020, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Corus Solutions Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Thessalonica Agricultural & Industrial Institute ($11.6m), Tanager ($11.7m) and Development Gateway Inc ($11.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $7.3m against liabilities of $5.0m, net assets of $2.4m. It reported 10 employees.