Courageous Inc

Analysis

Courageous Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Courageous Inc reported income of $152k and spending of $268k, spending 176% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $229k to $152k (-34%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 49%. Over the whole period it spent 126% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Courageous Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include 100cameras Inc ($152k), Keep Enriching Youth Success ($152k) and Rebel Baseball Club Inc ($152k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $188k, net assets of -$120k.