2c8 Corporation

Analysis

2c8 Corporation is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. 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, 2c8 Corporation reported income of $329k and spending of $304k, spending 92% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $271k to $329k (+21%), an average of +3.9% a year. The sharpest change came in the year to April 2024, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 2c8 Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include American Youth Football Inc ($329k), Bellevue Hospital Foundation ($329k) and Brookville-Timberlake Volunteer Fire Department Incorporated ($329k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $36k (12% of expenses). At year end it held assets of $157k against liabilities of $0, net assets of $157k. It reported 1 employees.