Courage Worldwide Inc

Analysis

Courage Worldwide Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2005, 21 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, Courage Worldwide Inc reported income of $768k and spending of $745k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $768k (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Courage Worldwide Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NV. Charities of a similar size with the same main cause include True Light Family Resource Center ($768k), Benton County Agricultural Society ($769k) and Toni and Trish House Care for the Terminally Ill ($768k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $40k (5.4% of expenses). Other salaries and wages came to $168k. At year end it held assets of $402k against liabilities of $45k, net assets of $357k. It reported 6 employees.