Center of Excellence Properties Fund

Analysis

Center of Excellence Properties Fund is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Center of Excellence Properties Fund reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 4 years on record, from April 2020 to April 2023, income fell from $2.2m to $2.2m (-0.4%), an average of -0.1% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center of Excellence Properties Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include Codefi Foundation on Rural Innovation ($2.2m), Business Professionals of America ($2.2m) and Africatown International ($2.2m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16.5m against liabilities of $15.0m, net assets of $1.5m.