Village Cooperative School Inc

Analysis

Village Cooperative School Inc is a registered charity in United States, based in S Kingstown, RI. It received its IRS tax-exemption ruling in June 1962, 64 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Village Cooperative School Inc reported income of $77k and spending of $76k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $92k to $77k (-17%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Cooperative School Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within RI. Charities of a similar size with the same main cause include Psi Iota XI Charities Inc ($77k), Society of Women Engineers ($77k) and Peabody Memorial Library ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 91% of the total. At year end it held assets of $56k against liabilities of $1,120, net assets of $55k.