Cocoa Beach Founders Club Inc

Analysis

Cocoa Beach Founders Club Inc is a registered charity in United States, based in Cocoa Beach, FL. 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 June 2024, Cocoa Beach Founders Club Inc reported income of $52k and spending of $5,903, leaving 89% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $53k to $52k (-0.5%), an average of -0.5% a year. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cocoa Beach Founders Club Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Lebawi Foundation Inc ($52k), Media Alliance of Houston Chapter of Alliance for Women in Media ($52k) and Hepburn Bootstrap Foundation Inc ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.