Headache Cooperative of the Pacific Inc

Analysis

Headache Cooperative of the Pacific Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Headache Cooperative of the Pacific Inc reported income of $309k and spending of $399k, spending 129% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $429k to $309k (-28%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Headache Cooperative of the Pacific Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Arise Recovery Residences Inc ($309k), Ashe County Rescue Squad Inc ($309k) and The Healing Way ($309k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. At year end it held assets of $811k against liabilities of $325k, net assets of $486k.