Micanopy Area Cooperative School Inc

Analysis

Micanopy Area Cooperative School Inc is a registered charity in United States, based in Micanopy, FL. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2023, Micanopy Area Cooperative School Inc reported income of $2.3m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.3m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Micanopy Area Cooperative School 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 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Northwest Passage High School ($2.3m), Learning by Design Inc ($2.3m) and Embers Academy ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.8m against liabilities of $282k, net assets of $2.6m. It reported 43 employees.