Ethereum Classic Cooperative LLC

Analysis

Ethereum Classic Cooperative LLC is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ethereum Classic Cooperative LLC reported income of $946k and spending of $1.0m, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $364k to $946k (+160%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 648%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ethereum Classic Cooperative LLC sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 74th percentile within DE. Charities of a similar size with the same main cause include Washington Conservatory of Music ($945k), National Organization of Research Development Professionals ($946k) and Whiting Entertainment Center Inc ($945k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $227k (23% of expenses). Other salaries and wages came to $524k. At year end it held assets of $5.1m against liabilities of $77k, net assets of $5.1m.