Coongie

Analysis

Coongie is a registered charity in United States, based in Boulder Creek, CA. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Coongie reported income of $471k and spending of $261k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $471k (-70%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coongie sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Gordon Philanthropies Inc ($471k), South Sudanese Enrichment for Families Inc ($471k) and Friends of the Fresno County Public Library ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $11k (4.3% of expenses). Other salaries and wages came to $48k. At year end it held assets of $406k against liabilities of $0, net assets of $406k. It reported 2 employees.