Chelsea Childrens Cooperative Inc

Analysis

Chelsea Childrens Cooperative Inc is a registered charity in United States, based in Chelsea, MI. It received its IRS tax-exemption ruling in January 1975, 51 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chelsea Childrens Cooperative Inc reported income of $91k and spending of $103k, spending 113% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $137k to $91k (-33%), an average of -33% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chelsea Childrens Cooperative Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Psi Iota XI Sorority ($91k), Little League Baseball Inc ($91k) and Riverview Medical Center Auxiliary Inc ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.2% and program service revenue 74% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.