The Co-Op School
Analysis
The Co-Op School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, The Co-Op School reported income of $5.3m and spending of $6.0m, spending 112% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.1m to $5.3m (+4.2%), an average of +1.0% a year. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Co-Op School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Julia Morgan School for Girls ($5.3m), Generations College Inc ($5.3m) and Van Otterloo Family Foundation ($5.3m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $198k (3.3% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $16.5m against liabilities of $16.3m, net assets of $224k. It reported 96 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.3%
- Program services 94%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Julia Morgan School for Girls | Oakland | $5.3m |
| Generations College Inc | Chicago | $5.3m |
| Van Otterloo Family Foundation | Marblehead | $5.3m |
| Headquarters of National Sales Network of African American Sales | Atlanta | $5.3m |