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Select Cobb Inc

RegisteredEIN 45-5131121Atlanta, GACommunity and economic development
Income$250k2022-12
Spending$158ksame year
Spent / received81%4-year average
Size in its cause55th pctCommunity and economic development
Exempt since2014Publicly supported organisat
Employees1latest return

Analysis

Select Cobb Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2014, 12 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 (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 2022, Select Cobb Inc reported income of $250k and spending of $158k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $232k to $250k (+7.7%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 211%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Select Cobb Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Futures Fundamentals NFP ($250k), Connected Hearts ($250k) and Golisano Skilled Trades Training Center Inc ($250k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $387k against liabilities of $40k, net assets of $347k. It reported 1 employees.

Income and spending

$0$180k$361k$541k$721k2019 Income: $232,0842019 Spending: $181,78120192020 Income: $721,1232020 Spending: $625,46320202021 Income: $224,2002021 Spending: $193,93920212022 Income: $250,0002022 Spending: $158,0252022
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Futures Fundamentals NFPChicago$250k
Connected HeartsMemphis$250k
Golisano Skilled Trades Training Center IncVictor$250k
Westwater Financial IncWindsor$250k