Codecycle-Org

Analysis

Codecycle-Org is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Codecycle-Org reported income of $184k and spending of $295k, spending 160% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $397k to $184k (-54%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Codecycle-Org sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Salmon for Soldiers ($184k), Indiana High School Color Guard Association Inc ($184k) and Little League Baseball Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $158k (54% of expenses). At year end it held assets of $458k against liabilities of $537k, net assets of -$79k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.