Cope Inc

Analysis

Cope Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Cope Inc reported income of $1000k and spending of $1.0m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.2m to $1000k (-14%), an average of -3.8% a year. The sharpest change came in the year to August 2021, when income rose by 67%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cope Inc 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 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Peru Mission USA Inc ($1000k), Williams Youth Services Incorporated ($1.0m) and Rock Church Academy Inc ($999k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $399k. At year end it held assets of $864k against liabilities of $3,750, net assets of $861k. It reported 32 employees.