Codecrew

Analysis

Codecrew is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2016, 10 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 July 2023, Codecrew reported income of $2.6m and spending of $2.5m, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $743k to $2.6m (+245%), an average of +36% a year. The sharpest change came in the year to July 2020, when income rose by 151%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Codecrew sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Spida Inc ($2.6m), Ambassador Baptist College ($2.6m) and A Continuous Charity Foundation ($2.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $137k (5.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.1m against liabilities of $108k, net assets of $1.0m. It reported 27 employees.