Cobb Emc Community Foundation Inc

Analysis

Cobb Emc Community Foundation Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Cobb Emc Community Foundation Inc reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $962k to $1.0m (+7.3%), an average of +1.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cobb Emc Community Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Colorado Association of Black Prof Engineers and Scientists ($1.0m), Youth Service Bureau ($1.0m) and Trinity Play Group Inc ($1.0m).

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 $28k (2.7% of expenses). At year end it held assets of $248k against liabilities of $0, net assets of $248k.