Code of Support Foundation

Analysis

Code of Support Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2011, 15 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, Code of Support Foundation reported income of $872k and spending of $1.2m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $872k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Code of Support Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Beach Food Pantry Inc ($872k), Disability Solutions for Independent Living Inc ($872k) and Tulsa Debate League Incorporated ($872k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $115k (9.7% of expenses). Other salaries and wages came to $479k. At year end it held assets of $574k against liabilities of $15k, net assets of $559k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.