Cor Jesu Foundation

Analysis

Cor Jesu Foundation is a registered charity in United States, based in Titusville, FL. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, Cor Jesu Foundation reported income of $169k and spending of $173k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $391k to $169k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cor Jesu Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include South Carolina Congress of Parents and Teachers ($169k), Volunteers of America Inc ($169k) and Financial Resolutions ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $480k against liabilities of $0, net assets of $480k.