Coc Benevolent Fund Inc

Analysis

Coc Benevolent Fund Inc is a registered charity in United States, based in Melber, KY. It received its IRS tax-exemption ruling in June 2006, 20 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, Coc Benevolent Fund Inc reported income of $381k and spending of $977k, spending 257% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.2m to $381k (-69%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coc Benevolent Fund Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Greater New Britain Teen Pregnancy Prevention Inc ($381k), Helping Finance Educ and Sports Tuition ($381k) and Mendota Child Development Center Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.