Cove a Family Community Center

Analysis

Cove a Family Community Center is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in April 2019, 7 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, Cove a Family Community Center reported income of $71k and spending of $84k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $71k (-1.2%), an average of -1.2% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cove a Family Community Center sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Patriots 4 Inc ($71k), Heart and Home for Kids ($71k) and Abilene Operation Blue Santa Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $18k, net assets of $2,267.