Cooperative Alliance for Seacoast Transportation

Analysis

Cooperative Alliance for Seacoast Transportation is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in August 1982, 44 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 September 2023, Cooperative Alliance for Seacoast Transportation reported income of $7.7m and spending of $7.1m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.0m to $7.7m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cooperative Alliance for Seacoast Transportation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Child Guidance Center Inc ($7.7m), Habitat for Humanity International Inc ($7.7m) and H&gl Set Fund ($7.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $199k (2.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $7.6m against liabilities of $557k, net assets of $7.0m. It reported 72 employees.