The Coordination Lab Inc

Analysis

The Coordination Lab Inc is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Coordination Lab Inc reported income of $4.8m and spending of $7.0m, spending 146% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $1.7m to $4.8m (+181%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Coordination Lab Inc 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 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Warm Springs Community Action Team ($4.8m), Operating Engineers 103 Iuoe Apprenticeship & Training Program ($4.8m) and Cobbworks Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $1.1m, net assets of $3.6m. It reported 15 employees.