North Gwinnett Cooperative Inc

Analysis

North Gwinnett Cooperative Inc is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, North Gwinnett Cooperative Inc reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.8m to $2.1m (-27%), an average of -10% a year. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Gwinnett Cooperative Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include The Arc of Tennessee Inc ($2.1m), Columbia Basin Foundation ($2.1m) and Developmental Center & Workshop Inc ($2.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $115k (6.0% of expenses). Other salaries and wages came to $195k. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m. It reported 5 employees.