Cooperative Development Institute

Analysis

Cooperative Development Institute is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Cooperative Development Institute reported income of $3.7m and spending of $4.5m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.7m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cooperative Development Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Accounting Aid Society ($3.7m), Northfield Healthy Community Initiative ($3.7m) and Waterbury Development Corporation ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 49% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3.7m against liabilities of $1.5m, net assets of $2.1m. It reported 34 employees.