Core Fellowship Foundation

Analysis

Core Fellowship Foundation is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Fellowship Foundation reported income of $168k and spending of $216k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $213k to $168k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Core Fellowship Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Freedom House Ministries Inc ($168k), Yeshivas Haturim Corp ($168k) and Global Servant Leaders Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (60% of expenses). Other salaries and wages came to $19k. At year end it held assets of $56k against liabilities of $1,803, net assets of $54k. It reported 3 employees.