Coptic Social Corporation

Analysis

Coptic Social Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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, Coptic Social Corporation reported income of $443k and spending of $495k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $443k (+169%), an average of +169% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coptic Social Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Council on Standards for Intl Educational Travel ($443k), Entrepreneurs Organization ($443k) and Golden Valley Day Care Center ($443k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49k against liabilities of $98k, net assets of -$48k.