Cosecha Community Development

Analysis

Cosecha Community Development is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 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, Cosecha Community Development reported income of $59k and spending of $62k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $59k (-12%), an average of -12% a year. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cosecha Community Development sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include Signpost Missionworks ($59k), Development District of Central Texas ($59k) and Bridge Homes Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $10k (16% of expenses). At year end it held assets of $50k against liabilities of $695, net assets of $49k. It reported 1 employees.