Coro Northern California Inc

Analysis

Coro Northern California Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Coro Northern California Inc reported income of $5.4m and spending of $5.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $5.4m (+91%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coro Northern California Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Girl Scouts of Eastern Iowa and Western Illinois Inc ($5.4m), The Sportmens Tennis & Enrichment Center Inc ($5.4m) and Habitat for Humanity International Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $603k (12% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.0m against liabilities of $726k, net assets of $4.3m. It reported 37 employees.