Lawrenceville Cooperative Ministry Inc

Analysis

Lawrenceville Cooperative Ministry Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in October 1997, 29 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 2023, Lawrenceville Cooperative Ministry Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $964k to $1.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 139%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lawrenceville Cooperative Ministry Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include American Telugu Association ($1.5m), North Broward Christian School of Florida Inc ($1.5m) and 4evergreen Foster Family Agency Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $73k (5.0% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.1m against liabilities of $37k, net assets of $2.0m. It reported 9 employees.