The Social Cog Inc

Analysis

The Social Cog Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in July 2013, 13 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 December 2023, The Social Cog Inc reported income of $77k and spending of $43k, leaving 45% of income unspent that year. Across the 3 years on record, from August 2022 to December 2023, income fell from $103k to $77k (-25%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Social Cog Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Adcs Hardship to Hope Foundation ($77k), Long Island Curling Club ($77k) and Neighbors Store Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $1,615, net assets of $141k.