Copline Inc

Analysis

Copline Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in October 2006, 20 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 June 2023, Copline Inc reported income of $1.2m and spending of $140k, leaving 88% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $127k to $1.2m (+810%), an average of +810% a year. The sharpest change came in the year to June 2023, when income rose by 810%. Over the whole period it spent 19% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Copline Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Auglaize County Council on Aging ($1.2m), Children of Restaurant Employees ($1.2m) and Compassionate Care of Chesterfield ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. It paid $6,400 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $22k, net assets of $1.2m.