Cofy - Community Outreach for Family and Youth

Analysis

Cofy - Community Outreach for Family and Youth is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in August 2003, 23 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 June 2023, Cofy - Community Outreach for Family and Youth reported income of $189k and spending of $175k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $225k to $189k (-16%), an average of -5.6% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cofy - Community Outreach for Family and Youth sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Chartiers Valley Band Boosters Inc ($189k), Kingdom Truth University ($189k) and Lakeview Elementary P T O ($189k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.