Cosmopolitan Club of Roanoke Foundation Incorporated

Analysis

Cosmopolitan Club of Roanoke Foundation Incorporated is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cosmopolitan Club of Roanoke Foundation Incorporated reported income of $50k and spending of $49k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $8,451 to $50k (+493%), an average of +144% a year. The sharpest change came in the year to December 2022, when income rose by 462%. 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, Cosmopolitan Club of Roanoke Foundation Incorporated sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within VA. Charities of a similar size with the same main cause include Praise Broadcasting Network Inc ($50k), PTA California Congress of Parents Teachers & Students Inc ($50k) and PTA New York Congress ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.