Corpsthat Inc

Analysis

Corpsthat Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2018, 8 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, Corpsthat Inc reported income of $293k and spending of $290k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $156k to $293k (+88%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corpsthat Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Model Neighborhood Program ($293k), Chickasha Soup Kitchen ($293k) and Mariposa Child Success Programs Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $139k. At year end it held assets of $49k against liabilities of $22k, net assets of $27k. It reported 9 employees.