Couchphilanthropy

Analysis

Couchphilanthropy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Couchphilanthropy reported income of $70k and spending of $80k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $70k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Couchphilanthropy sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Vernon County Cancer Relief Fund ($70k), Asian Health Foundation Inc ($70k) and Saras Cure ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,055 against liabilities of $0, net assets of $6,055.