Jeffrey Coombs Memorial Foundation Inc

Analysis

Jeffrey Coombs Memorial Foundation Inc is a registered charity in United States, based in Abington, MA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Jeffrey Coombs Memorial Foundation Inc reported income of $84k and spending of $70k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $84k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jeffrey Coombs Memorial Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Courage-U ($84k), We Sow We Grow Project ($84k) and Calm Seas Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.