University Cooperative School

Analysis

University Cooperative School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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, University Cooperative School reported income of $3.2m and spending of $2.5m, leaving 23% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $3.2m (+127%), an average of +23% a year. The sharpest change came in the year to August 2021, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Cooperative School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Southeast Community Services Inc ($3.2m), Behavioral Health Inc ($3.2m) and Community Action of Greene County Inc ($3.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $648k (26% of expenses). Other salaries and wages came to $839k. It paid $78k in professional fundraising fees. At year end it held assets of $8.2m against liabilities of $5.8m, net assets of $2.4m. It reported 24 employees.