North American Students of Cooperation

Analysis

North American Students of Cooperation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in May 1979, 47 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 April 2023, North American Students of Cooperation reported income of $328k and spending of $521k, spending 159% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $412k to $328k (-20%), an average of -5.5% a year. The sharpest change came in the year to April 2022, when income rose by 68%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North American Students of Cooperation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Collierville Education Foundation Inc ($328k), Reach Foundation ($328k) and Summit School Foundation Inc ($328k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $257k. At year end it held assets of $161k against liabilities of $373k, net assets of -$212k. It reported 8 employees.