Cohort Sistas Inc

Analysis

Cohort Sistas Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cohort Sistas Inc reported income of $240k and spending of $248k, spending 104% of its income. Across the 2 years on record, from December 2022 to June 2023, income grew from $49k to $240k (+386%), an average of +386% a year. The sharpest change came in the year to June 2023, when income rose by 386%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cohort Sistas Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 53rd percentile within DE. Charities of a similar size with the same main cause include Kalamazoo Regional Educational Service Agency Foundation ($240k), Evans Scholars Foundation ($240k) and Viking Booster Club ($240k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Other salaries and wages came to $84k. It paid $467 in professional fundraising fees. At year end it held assets of $8,282 against liabilities of $1,113, net assets of $7,169. It reported 2 employees.