Codespa America

Analysis

Codespa America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Codespa America reported income of $492k and spending of $631k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $631k to $492k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Codespa America sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include Indian Rural Education and Charities Inc ($491k), Open Field ($492k) and Global Samaritans Inc ($491k).

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 $127k (20% of expenses). At year end it held assets of $621k against liabilities of $78k, net assets of $543k. It reported 1 employees.