Cookie Cart

Analysis

Cookie Cart is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Cookie Cart reported income of $2.7m and spending of $2.9m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.8m to $2.7m (-2.7%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cookie Cart sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Mammoth Mountain Community Foundation Inc ($2.7m), Homewood Childrens Village ($2.7m) and Team Prime Time Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $131k (4.5% of expenses). Other salaries and wages came to $1.5m. It paid $106k in professional fundraising fees. At year end it held assets of $5.5m against liabilities of $1.3m, net assets of $4.2m. It reported 106 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.