Cobb Collaborative Inc

Analysis

Cobb Collaborative Inc is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Cobb Collaborative Inc reported income of $787k and spending of $698k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $787k (+406%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cobb Collaborative Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Foundation of the Hospitality Sales and Marketing Association Internat ($786k), Protechos Inc ($788k) and San Diego Organizing Project ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $63k (9.0% of expenses). Other salaries and wages came to $187k. At year end it held assets of $298k against liabilities of $76k, net assets of $221k.