Core Essentials Inc

Analysis

Core Essentials Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Core Essentials Inc reported income of $208k and spending of $232k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $258k to $208k (-19%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Core Essentials Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Elhs Football Boosters Inc ($208k), Sunnyside Community Redevelopment Organization ($208k) and Cencal Youth Sports ($208k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $129k. At year end it held assets of $54k against liabilities of $1,221, net assets of $52k. It reported 2 employees.