Cocokids Inc

Analysis

Cocokids Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Cocokids Inc reported income of $68.8m and spending of $68.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.7m to $68.8m (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cocokids Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Metropolitan Area Advisory Com on Anti-Poverty of San Diego Cnty Inc ($68.6m), Heartland Human Care Services Inc ($68.8m) and South Plains Community Action Association Inc ($68.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $239k (0.3% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $10.7m against liabilities of $9.6m, net assets of $1.1m. It reported 107 employees.