Coram Deo Inc

Analysis

Coram Deo Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coram Deo Inc reported income of $919k and spending of $962k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $919k (+103%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coram Deo Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Sickle Cell Consortium ($918k), Arizona Therapeutic Learning Center ($919k) and West Central Minnesota Ems Corporation ($918k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $90k (9.4% of expenses). Other salaries and wages came to $322k. At year end it held assets of $1.9m against liabilities of $1.9m, net assets of $24k. It reported 12 employees.