Alice James Poetry Cooperative Inc

Analysis

Alice James Poetry Cooperative Inc is a registered charity in United States, based in New Gloucestr, ME. It received its IRS tax-exemption ruling in June 1975, 51 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 March 2024, Alice James Poetry Cooperative Inc reported income of $336k and spending of $380k, spending 113% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $309k to $336k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to March 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alice James Poetry Cooperative Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include Our Saviors Lutheran Housing Corp ($336k), Los Angeles Sports Council Foundation ($336k) and West Universtiy Tri-Sports Association ($336k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $265k. At year end it held assets of $366k against liabilities of $29k, net assets of $337k. It reported 6 employees.