Core Inc

Analysis

Core Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2023, Core Inc reported income of $586k and spending of $495k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $289k to $586k (+103%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Core Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Uwm Alumni Association Inc ($586k), N a Williams Foundation LLC ($586k) and Black Male Working Academy ($586k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $91k (18% of expenses). Other salaries and wages came to $262k. At year end it held assets of $514k against liabilities of $13k, net assets of $501k. It reported 33 employees.