Spudnik Press Cooperative

Analysis

Spudnik Press Cooperative is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Spudnik Press Cooperative reported income of $292k and spending of $252k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $364k to $292k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income rose by 180%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spudnik Press Cooperative sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Colins Hope ($292k), United States Coast Guard Academy Sponsored Programs and Research in ($292k) and Growth Through Learning Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $120k. At year end it held assets of $218k against liabilities of $121k, net assets of $97k. It reported 5 employees.