Codepath Org

Analysis

Codepath Org is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Codepath Org reported income of $31.1m and spending of $16.3m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $31.1m (+1179%), an average of +89% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Codepath Org sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Horatio Alger Association of Distinguished Americans Inc ($31.1m), Park Tudor Foundation Inc ($31.1m) and Transcend Inc ($31.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $1.1m (6.6% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $37.0m against liabilities of $5.6m, net assets of $31.4m. It reported 95 employees.