Code 2 College

Analysis

Code 2 College is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Code 2 College reported income of $2.1m and spending of $3.5m, spending 169% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $381k to $2.1m (+439%), an average of +52% a year. The sharpest change came in the year to June 2021, when income rose by 211%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Code 2 College sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Austin Voices for Education and Youth ($2.1m), Southwestern Youth Association Inc ($2.1m) and Boys & Girls Club of the Foothills ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $420k (12% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $463k against liabilities of $172k, net assets of $291k. It reported 59 employees.