61103-Optimist Club of Cooper City

Analysis

61103-Optimist Club of Cooper City is a registered charity in United States, based in Cooper City, FL. It received its IRS tax-exemption ruling in July 1958, 68 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, 61103-Optimist Club of Cooper City reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.9m (+36%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 61103-Optimist Club of Cooper City sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include David Herzog Ministries ($1.9m), National Network of Youth Ministries ($1.9m) and Mel Fisher Maritime Heritage Society Inc ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 79% of the total. At year end it held assets of $539k against liabilities of $0, net assets of $539k.