Coddington Road Community

Analysis

Coddington Road Community is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Coddington Road Community reported income of $1.1m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $962k to $1.1m (+12%), an average of +3.0% a year. The sharpest change came in the year to August 2021, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coddington Road Community 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 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Permobil Foundation ($1.1m), Riverhouse Childrens Center Inc ($1.1m) and Silver Fox Senior Social Club Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $94k (8.2% of expenses). Other salaries and wages came to $608k. At year end it held assets of $560k against liabilities of $275k, net assets of $285k. It reported 61 employees.