The Cooper Foundation Inc

Analysis

The Cooper Foundation Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in November 1978, 48 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 December 2023, The Cooper Foundation Inc reported income of $6.9m and spending of $3.9m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.0m to $6.9m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Cooper Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Barter Foundation Incorporated State Theatre of Virginia ($6.9m), Boy Scouts of America ($6.9m) and Young Mens Christian Association of Southern Maine ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $87.8m against liabilities of $9.5m, net assets of $78.3m.