Cofa Creating Opportunities for All

Analysis

Cofa Creating Opportunities for All is a registered charity in United States, based in Takoma Park, MD. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Cofa Creating Opportunities for All reported income of $164k and spending of $184k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $80k to $164k (+106%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cofa Creating Opportunities for All sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Loom International ($163k), Bula Ministries ($164k) and Project House of Hope ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.