Cooperative for Education

Analysis

Cooperative for Education is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Cooperative for Education reported income of $4.3m and spending of $3.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.3m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cooperative for Education sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Potsdam College Foundation Inc ($4.3m), One Schoolhouse Inc ($4.3m) and Rockford Charter School Organization ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $220k (6.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.8m against liabilities of $2.1m, net assets of $4.8m. It reported 21 employees.