Greater Cocoa Community Partnership Inc

Analysis

Greater Cocoa Community Partnership Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in July 1997, 29 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, Greater Cocoa Community Partnership Inc reported income of $251k and spending of $203k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $251k (+404%), an average of +50% a year. The sharpest change came in the year to December 2020, when income rose by 155%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Cocoa Community Partnership 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 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include One Voice of Hunterdon ($251k), Junior League of Salt Lake City Inc ($251k) and Fort Benton Community Improvement Association ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. Other salaries and wages came to $124k. At year end it held assets of $216k against liabilities of $8,043, net assets of $208k. It reported 6 employees.