Distribution Cooperative Inc

Analysis

Distribution Cooperative Inc is a registered charity in United States, based in MC Donough, GA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Distribution Cooperative Inc reported income of $101.6m and spending of $105.1m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $100.2m to $101.6m (+1.4%), an average of +0.5% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Distribution Cooperative Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include The Dallas Foundation ($100.6m), Entertainment Industry Foundation ($102.4m) and Eric and Kelly Schwartz Charitable Trust ($99.7m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $755k (0.7% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $43.1m against liabilities of $41.2m, net assets of $1.9m. It reported 175 employees.