Copley House Inc

Analysis

Copley House Inc is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Copley House Inc reported income of $287k and spending of $252k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $287k (+113%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Copley House Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 53rd percentile within VT. Charities of a similar size with the same main cause include Freeman Forest Housing Corporation ($287k), Beer City Dog Biscuits ($287k) and Magdalene House Okc Inc ($287k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $1.1m against liabilities of $726k, net assets of $352k.