Coleman College Ltd

Analysis

Coleman College Ltd is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1973, 53 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coleman College Ltd reported income of $609k and spending of $358k, leaving 41% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $2.3m to $609k (-74%), an average of -36% a year. The sharpest change came in the year to June 2021, when income rose by 221%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coleman College Ltd sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Boulder County RSVP Board Inc ($609k), McHenry House Tracy Family Shelter ($609k) and Deaf Center ($608k).

Compensation of current officers, directors and key employees was $299k (84% of expenses). At year end it held assets of $7.9m against liabilities of $1.1m, net assets of $6.8m. It reported 2 employees.