Coahoma Collective

Analysis

Coahoma Collective is a registered charity in United States, based in Clarksdale, MS. It received its IRS tax-exemption ruling in June 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, Coahoma Collective reported income of $51k and spending of $74k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $51k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 158% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coahoma Collective sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within MS. Charities of a similar size with the same main cause include Welcome Home Foundation ($51k), Sacred Journey Hospice Foundation Inc ($51k) and Real Life Skills Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 35% of the total. At year end it held assets of $744k against liabilities of $333k, net assets of $411k.