Concern Inc

Analysis

Concern Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1982, 44 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, Concern Inc reported income of $869k and spending of $757k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $830k to $869k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 298%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concern Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Cross Trail Outfitters Inc ($869k), Ng3 Organization Inc ($869k) and Hope Fieldhouse ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $127k (17% of expenses). Other salaries and wages came to $182k. At year end it held assets of $861k against liabilities of $2,149, net assets of $859k. It reported 26 employees.