Comcor Inc

Analysis

Comcor Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Comcor Inc reported income of $8.4m and spending of $7.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.0m to $8.4m (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Comcor Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Federal Community Defender of Eastern District of Michigan ($8.4m), Next Door Inc ($8.5m) and Shared Ascent Fund ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $212k (2.8% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $10.0m against liabilities of $4.0m, net assets of $6.0m. It reported 142 employees.