Cobalt Community Research

Analysis

Cobalt Community Research is a registered charity in United States, based in Charlotte, MI. It received its IRS tax-exemption ruling in August 2008, 18 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, Cobalt Community Research reported income of $393k and spending of $298k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $212k to $393k (+85%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cobalt Community Research sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include The Genesee Community College Foundation Inc ($393k), Explorer Preschool Inc ($393k) and St Aloysius Gonzaga Charities Inc ($393k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $116k (39% of expenses). At year end it held assets of $210k against liabilities of $0, net assets of $210k. It reported 1 employees.