Communities Organizing for Racial Equity Inc

Analysis

Communities Organizing for Racial Equity Inc is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Communities Organizing for Racial Equity Inc reported income of $78k and spending of $70k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $78k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 76% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Communities Organizing for Racial Equity Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include New Life Project ($78k), Finding Freedom International ($78k) and Legal Mentor Network Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.