Community Cooperative Inc

Analysis

Community Cooperative Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in December 1985, 41 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, Community Cooperative Inc reported income of $5.5m and spending of $5.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.5m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Cooperative Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Training Employment and Community Help Inc ($5.5m), Child Care and Nutrition Inc ($5.5m) and Gordon Jewish Community Center ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $277k (5.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.2m against liabilities of $145k, net assets of $6.0m. It reported 49 employees.