Coregiving Co

Analysis

Coregiving Co is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Coregiving Co reported income of $4.4m and spending of $4.4m, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.9m to $4.4m (+134%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Coregiving Co sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include R E B Foundation ($4.4m), Montana Migrant & Seasonal Farmworker Council Inc Ceta Projec ($4.4m) and Carry the Load ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $220k (5.0% of expenses). At year end it held assets of $1.2m against liabilities of $1.2m, net assets of $0. It reported 1 employees.