Hattie B Cooper Community Center Inc

Analysis

Hattie B Cooper Community Center Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in February 1946, 80 years ago. 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 June 2023, Hattie B Cooper Community Center Inc reported income of $2.4m and spending of $1.6m, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.4m (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hattie B Cooper Community Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include V M I Research Laboratories ($2.4m), Lutheran Foundation of New Jersey Inc ($2.4m) and Mother Lode Christian School ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $163k (10% of expenses). Other salaries and wages came to $767k. At year end it held assets of $6.0m against liabilities of $458k, net assets of $5.5m. It reported 20 employees.