Coweta Falls Steeplechase Inc

Analysis

Coweta Falls Steeplechase Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coweta Falls Steeplechase Inc reported income of $595k and spending of $400k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $595k (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coweta Falls Steeplechase 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 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Satellite Senior Homes IV Inc ($595k), Habitat for Humanity International Inc ($595k) and Community Christian Concern of Slidell ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $851k against liabilities of $11k, net assets of $840k.