Coalition of Community Organizations

Analysis

Coalition of Community Organizations is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2015, 11 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 April 2024, Coalition of Community Organizations reported income of $1.2m and spending of $848k, leaving 30% of income unspent that year. Across the 3 years on record, from April 2022 to April 2024, income grew from $426k to $1.2m (+186%), an average of +69% a year. The sharpest change came in the year to April 2023, when income rose by 128%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coalition of Community Organizations sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Rock Health Foundation ($1.2m), St Barnabas Communities Inc ($1.2m) and Catawba County Economic Development Corporation ($1.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $192k. At year end it held assets of $369k against liabilities of $0, net assets of $369k.