Corcoran Community Supporting Organization

Analysis

Corcoran Community Supporting Organization is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in July 2006, 20 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Corcoran Community Supporting Organization reported income of $1.1m and spending of $1.6m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Corcoran Community Supporting Organization sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Michigan Municipal League Foundation ($1.1m), American Friends of Itim Inc ($1.1m) and Friends of Foster Kids ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $12.3m against liabilities of $0, net assets of $12.3m.