Cogic Intl Prayer & Life Clinic

Analysis

Cogic Intl Prayer & Life Clinic is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cogic Intl Prayer & Life Clinic reported income of $900k and spending of $863k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $900k (+141%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cogic Intl Prayer & Life Clinic sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Biblicaltraining Org ($900k), Catholic Mens Leadership Alliance Inc ($900k) and Legacy Mission International ($899k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $100k (12% of expenses). Other salaries and wages came to $386k. At year end it held assets of $497k against liabilities of $843, net assets of $497k. It reported 25 employees.