Cocal Gracias

Analysis

Cocal Gracias is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2013, 13 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, Cocal Gracias reported income of $274k and spending of $138k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $232k to $274k (+18%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cocal Gracias sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Spencer Community School Foundation ($274k), Westville Community Nursery School Inc ($274k) and National Lighting Contractors Association of America ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $44k (32% of expenses). At year end it held assets of $375k against liabilities of $4,975, net assets of $370k.