Charity Search / CODESPA AMERICA
International Affairs (Q33) IRS Verified DX Registered 990 on File

CODESPA AMERICA

EIN: 45-5419038 · WASHINGTON, DC 20035-7562 · United States · FY 2024 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 54/100
Reliability (20%) 50/100
Effectiveness (25%) 80/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

CODESPA AMERICA's mission is to empower the poor in the developing world in their professional lives and integrate them into local markets, enabling them to provide for their families and for their futures.

Financial Overview — FY 2024
$145K
Total Revenue
$660K
Total Expenses
$28K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.4%
Fundraising Efficiency N/A
Operating Reserve 0.50x
Liability-to-Asset 80.4%
Revenue Diversification 100.0%
Executive Compensation $128K
Compared with Peers
FY 2024
Compared with 3,073 similar organizations (United States, International Affairs, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.4% 90.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
18.5% 6.5%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.1% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.5 mo 6.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
80.4% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 99.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
-70.6% 5.9%
P10P90
Expense growth
Year over year expense growth
4.6% 7.7%
P10P90
Surplus margin
Surplus as a share of revenue
-356.6% 0.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $145K $660K $28K 73.4% 1
2023 $492K $631K $543K 77.5% 1
2022 $1.3M $504K $682K 69.1% 1
2021 $527K $513K N/A 1
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Organization Details
EIN
45-5419038
State
DC
City
WASHINGTON
ZIP
20035-7562
Classification
Q33
Category
International Affairs
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2013
Foundation Code
15
Form 990
On File
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