Addiscoder Inc

Analysis

Addiscoder Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Addiscoder Inc reported income of $284k and spending of $192k, leaving 32% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $80k to $284k (+256%), an average of +256% a year. The sharpest change came in the year to September 2023, when income rose by 256%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Addiscoder Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Post Stampede Inc ($284k), Douglass Leadership Institute Inc ($284k) and Alpha Epsilon Delta ($284k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $147k against liabilities of -$104, net assets of $148k.