Cooperative Development Fund of CDS

Analysis

Cooperative Development Fund of CDS is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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 August 2023, Cooperative Development Fund of CDS reported income of $1.3m and spending of $949k, leaving 28% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $654k to $1.3m (+100%), an average of +42% a year. The sharpest change came in the year to August 2022, when income rose by 91%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cooperative Development Fund of CDS sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Laurels Incorporated ($1.3m), Habitat for Humanity International Inc ($1.3m) and Sanpete Community Training Center ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m.