Vivid Bainbridge Cobb Charitable TR

Analysis

Vivid Bainbridge Cobb Charitable TR is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Vivid Bainbridge Cobb Charitable TR reported income of $218k and spending of $164k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $218k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 203%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vivid Bainbridge Cobb Charitable TR sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Amphibian Ark ($218k), Donald Driver Foundation ($219k) and Charity Fair Horse Show ($218k).

Compensation of current officers, directors and key employees was $39k (24% of expenses). At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.