For the 4th Time, Charles IT Makes the Inc. 5000, at No. 3094 in 2023, With a Three-Year Revenue Growth of 167% Percent
STAMFORD, Conn., Aug. 15, 2023 /PRNewswire-PRWeb/ -- Inc. revealed today that Charles IT ranks No. 3094 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
"Being named to the Inc 5000 list is a tremendous honor recognizing our team's dedication and commitment to empowering clients with strategic technology solutions. When we started Charles IT, our mission was to provide businesses with a trusted partner who could help them leverage technology to operate more efficiently, securely, and competitively. This recognition validates that our approach resonates, and I could not be more proud of our team for making this achievement possible. Awards are meaningful, but our passion is creating real relationships with our clients and providing them with exceptional service every day. We see this as just the beginning, and it motivates us to keep innovating and delivering excellence." - Foster Charles, Charles IT Founder & CEO
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year's Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
"Running a business has only gotten harder since the end of the pandemic," says Inc. editor-in-chief Scott Omelianuk. "To make the Inc. 5000—with the fast growth that it requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."
"We are honored and motivated by this recognition, but we realize these achievements are only possible thanks to our incredible team and clients who inspire us daily," says Charles. "Our goal from day one has been to enable businesses to reach their full potential through strategic technology consulting and support. Every member of the Charles IT team wakes up driven by the opportunity to continue building trusted, real relationships and drive meaningful impact through our expertise. As we look ahead, our commitment to innovating and delivering exceptional service remains unchanged. We will continue pushing ourselves to empower more organizations with the tools and guidance to drive growth and success in today's digital landscape."
About Charles IT
Charles IT is the Northeast's compliance expert, headquartered in Middletown, Connecticut, with a second location in Stamford, Connecticut. As a managed service provider (MSP), Charles IT specializes in IT and cybersecurity compliance, including SOC 2, HIPAA, DFARS, CMMC 2.0, SEC, and NIST CSF, in addition to its IT support, IT security, and IT service offerings. With a human-first focus, Charles IT values knowing client teams just as well as they know their technology, allowing them to find the best-fit solutions that take clients from functioning to flourishing. For more information, visit www.charlesit.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.
Media Contact
Betta Greenberg, Charles IT, 1 8603449628, [email protected], www.charlesit.com
SOURCE Charles IT
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