Coding It Forward Inc

Analysis

Coding It Forward Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 May 2023, Coding It Forward Inc reported income of $1.1m and spending of $1.6m, spending 146% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $675k to $1.1m (+63%), an average of +13% a year. The sharpest change came in the year to May 2021, when income rose by 228%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coding It Forward Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Business Professionals of America ($1.1m), Alliance for Metropolitan Stability ($1.1m) and Community Support Network Inc ($1.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $370k (23% of expenses). Other salaries and wages came to $736k. At year end it held assets of $1.4m against liabilities of $29k, net assets of $1.4m. It reported 83 employees.