The Sharon Cooperative School Inc

Analysis

The Sharon Cooperative School Inc is a registered charity in United States, based in Sharon, MA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Sharon Cooperative School Inc reported income of $1.9m and spending of $1.5m, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.9m (+67%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Sharon Cooperative School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include School of Missionary Aviation Technology ($1.9m), Friends of Equality Charter School Inc ($1.9m) and Partnership for Youth Inc ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $80k (5.3% of expenses). Other salaries and wages came to $904k. At year end it held assets of $2.8m against liabilities of $912k, net assets of $1.9m. It reported 30 employees.