Commercial Kitchen Coop of Cape Cod

Analysis

Commercial Kitchen Coop of Cape Cod is a registered charity in United States, based in Barnstable, MA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Commercial Kitchen Coop of Cape Cod reported income of $51k and spending of $77k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $51k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Commercial Kitchen Coop of Cape Cod sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Provision Vocational Training Center ($51k), Women Leaders in Law Enforcement Foundation ($51k) and Tipperary Hill Neighborhood Association Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 59% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.