J R Coleman Family Services Corp

Analysis

J R Coleman Family Services Corp is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in May 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, J R Coleman Family Services Corp reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.4m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J R Coleman Family Services Corp sits at the 87th 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 87th percentile within OH. Charities of a similar size with the same main cause include Hoy Recovery Program Inc ($2.4m), Pequannock Township Senior Citizens Housing Corp ($2.4m) and Holyoke Community College Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $60k (2.6% of expenses). Other salaries and wages came to $1.4m. It paid $2,763 in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $128k, net assets of $1.9m. It reported 102 employees.