Sabrina Cohen Foundation Inc

Analysis

Sabrina Cohen Foundation Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Sabrina Cohen Foundation Inc reported income of $365k and spending of $179k, leaving 51% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $205k to $365k (+78%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 342%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sabrina Cohen Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Ellijay Lions Club Charities Inc ($365k), Grace Bomb Company ($365k) and Sweet Home Community Foundation ($364k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $68k (38% of expenses). At year end it held assets of $602k against liabilities of $1,789, net assets of $601k. It reported 2 employees.