Co Mo Cares Trust Incorporated

Analysis

Co Mo Cares Trust Incorporated is a registered charity in United States, based in Tipton, MO. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Co Mo Cares Trust Incorporated reported income of $56k and spending of $59k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $56k (-4.4%), an average of -4.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Co Mo Cares Trust Incorporated sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within MO. Charities of a similar size with the same main cause include Autism Society Mecklenburg County Housing Corporation 2 ($56k), Child Vikaas International ($56k) and Joseph-Mary Foundation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.