Coos Elderly Services Inc

Analysis

Coos Elderly Services Inc is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Coos Elderly Services Inc reported income of $277k and spending of $301k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $277k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coos Elderly Services Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include Le Bunnies Early Learning Academy Inc ($277k), All Faiths Pantry ($277k) and Sri Sathya Sai Global Council Foundation ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $52k (17% of expenses). Other salaries and wages came to $126k. At year end it held assets of $601k against liabilities of $21k, net assets of $580k. It reported 9 employees.