Code Platoon

Analysis

Code Platoon is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover employment, 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, Code Platoon reported income of $3.2m and spending of $3.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $872k to $3.2m (+268%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Code Platoon sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include SC Launch Inc ($3.2m), Citylink Center ($3.2m) and Hopa Mountain Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $146k (4.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $145k, net assets of $2.0m. It reported 22 employees.