Coppin State College Development Foundation Inc

Analysis

Coppin State College Development Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1971, 55 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, Coppin State College Development Foundation Inc reported income of $6.1m and spending of $3.0m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $6.1m (+195%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 139%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coppin State College Development Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Stonebridge World School ($6.1m), The Northern Michigan University Foundation ($6.1m) and Camp Judaea Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $227k. At year end it held assets of $22.0m against liabilities of $1.1m, net assets of $20.9m. It reported 4 employees.