Computer C O R E

Analysis

Computer C O R E is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 2000, 26 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 December 2023, Computer C O R E reported income of $505k and spending of $555k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $505k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Computer C O R E sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Murrysville Community Library ($505k), Oak Grove Christian School ($505k) and The Muse Writers Center ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $107k (19% of expenses). Other salaries and wages came to $161k. At year end it held assets of $211k against liabilities of $19k, net assets of $192k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.