Cobblestone Foundation Incorporated

Analysis

Cobblestone Foundation Incorporated is a registered charity in United States, based in Farmington, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cobblestone Foundation Incorporated reported income of $205k and spending of $127k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $213k to $205k (-4.0%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cobblestone Foundation Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Oasis in Baja Inc ($204k), Harlem One Stop Inc ($205k) and Yanam2m ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $429k against liabilities of $0, net assets of $429k.