Coventry Foundation Inc

Analysis

Coventry Foundation Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Coventry Foundation Inc reported income of $411k and spending of $66k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $156k to $411k (+164%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 313%. Over the whole period it spent 24% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coventry Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Randolph Community Cable Television Inc ($411k), Japan-America Society of Tennessee Inc ($411k) and Full Circle Productions FCP Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $974k against liabilities of $647, net assets of $973k.