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Community Organized & Operated Latchkey -C O O L- Inc

RegisteredEIN 06-1079981Andover, CTPoverty relief
Income$194k2024-06
Spending$183ksame year
Spent / received94%2-year average
Size in its cause48th pctPoverty relief
Exempt since1993Publicly supported organisat
Employees–latest return

Analysis

Community Organized & Operated Latchkey -C O O L- Inc is a registered charity in United States, based in Andover, CT. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Community Organized & Operated Latchkey -C O O L- Inc reported income of $194k and spending of $183k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $199k to $194k (-2.5%), an average of -2.5% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Organized & Operated Latchkey -C O O L- Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include Geauga County Hunger Task Force ($194k), For Life Ministries Inc ($194k) and Vouchers for Veterans ($194k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 36% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.

Income and spending

$0$50k$100k$150k$199k2023 Income: $199,3562023 Spending: $187,33320232024 Income: $194,3322024 Spending: $183,0082024
IncomeSpending

Where the income comes from

  • Contributions & grants 13%
  • Program services 36%
  • Other 52%

Similar-sized charities, same cause

CharityLocationIncome
Geauga County Hunger Task ForceChardon$194k
For Life Ministries IncOwens X RDS$194k
Vouchers for VeteransRochester$194k
Caring Hearts Pregnancy Center of Alexander County IncTaylorsville$194k