Cora Community Outreach

Analysis

Cora Community Outreach is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 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 2023, Cora Community Outreach reported income of $542k and spending of $487k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $542k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cora Community Outreach sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Maryland-Israel Development Center Inc ($542k), Neighborhood Engagement Hub ($543k) and Neighborhood Land Power Project ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $115k (24% of expenses). Other salaries and wages came to $162k. At year end it held assets of $266k against liabilities of $16k, net assets of $250k. It reported 17 employees.