Student Cooperative Association Inc

Analysis

Student Cooperative Association Inc is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in November 1937, 89 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Student Cooperative Association Inc reported income of $8.4m and spending of $8.5m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.8m to $8.4m (-5.5%), an average of -1.9% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Cooperative Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Catholic Education Foundation Inc ($8.3m), Menaul School ($8.4m) and Young Scholars of Western Pennsylvania Charter School ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $283k (3.3% of expenses). Other salaries and wages came to $564k. At year end it held assets of $28.9m against liabilities of $20.5m, net assets of $8.4m. It reported 75 employees.