Convergence Analysis

Analysis

Convergence Analysis is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Convergence Analysis reported income of $336k and spending of $668k, spending 199% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $809k to $336k (-58%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Convergence Analysis sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Cpath Community Building Group ($336k), Long Island School of Chinese Inc ($336k) and Music Teachers National Association Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $692k against liabilities of $0, net assets of $692k.