Coe College

Analysis

Coe College is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coe College reported income of $370k and spending of $767k, spending 207% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $370k (-72%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 230%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coe College sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include South Pointe Middle School Performing Arts Booster Club ($370k), American Society of Ocularists ($371k) and Memorial Spaulding School Extended Day Program Inc ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 9.6% of the total. At year end it held assets of $27.1m against liabilities of $813k, net assets of $26.3m.