Coa USA

Analysis

Coa USA is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1997, 29 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 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 December 2023, Coa USA reported income of $557k and spending of $598k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $557k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coa USA 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 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Ocean Avenue Association ($557k), Excelsior Action Group ($557k) and Pike County Sheltered Workshop Inc ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.