Cooperative for Assistance and Relief Everywhere Inc

Analysis

Cooperative for Assistance and Relief Everywhere Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Cooperative for Assistance and Relief Everywhere Inc reported income of $909.1m and spending of $929.4m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $621.0m to $909.1m (+46%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cooperative for Assistance and Relief Everywhere Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include Family Health International ($836.4m), Save the Children Federation Inc ($919.3m) and United States Fund for UNICEF ($829.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3.5m (0.4% of expenses). Other salaries and wages came to $208.8m. It paid $5.4m in professional fundraising fees. At year end it held assets of $623.0m against liabilities of $231.9m, net assets of $391.1m. It reported 539 employees.