Collis Inc

Analysis

Collis Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Collis Inc reported income of $184k and spending of $148k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $184k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Collis Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Tim Rogers Ministries Inc ($184k), Wat Kampuchea Krom Inc ($184k) and The Journey with Jesus Foundation ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $6,771, net assets of $123k.