Cozy Coats for Kids Inc

Analysis

Cozy Coats for Kids Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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, Cozy Coats for Kids Inc reported income of $165k and spending of $17k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $165k (+212%), an average of +212% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cozy Coats for Kids Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Centerville Youth League Inc ($165k), Knox County Council on Aging ($165k) and National Duncan Glass Society Inc ($165k).

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 $203k against liabilities of $0, net assets of $203k.