Special Needs Cobb Inc

Analysis

Special Needs Cobb Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in May 1972, 54 years ago. 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 October 2023, Special Needs Cobb Inc reported income of $514k and spending of $815k, spending 159% of what it took in. Across the 5 years on record, from September 2019 to October 2023, income grew from $398k to $514k (+29%), an average of +6.6% a year. The sharpest change came in the year to October 2023, when income rose by 757%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Needs Cobb Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include National Christ Child Society Inc ($514k), National Association of Miniature Enthusiasts ($514k) and Thayne a Hedges Regional Speech & Hearing Center Inc ($514k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 36% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $110k (13% of expenses). Other salaries and wages came to $248k. At year end it held assets of $1.9m against liabilities of $442k, net assets of $1.4m. It reported 11 employees.