Cosyne Inc

Analysis

Cosyne Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Cosyne Inc reported income of $645k and spending of $589k, spending 91% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $579k to $645k (+11%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 813%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cosyne Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Montessori School of Douglas County Inc ($645k), California University Silicon Valley ($645k) and Nutrients for Life Foundation ($645k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $366k against liabilities of $1,100, net assets of $365k.