Coptic Educational Foundation

Analysis

Coptic Educational Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Coptic Educational Foundation reported income of $210k and spending of $148k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $210k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coptic Educational Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Academy of Medicine of Brooklyn Inc ($210k), Woolly Farms Foundation ($210k) and New Michigan Media ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 5 employees.