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Green River Regional Education Cooperative Inc

RegisteredEIN 61-1346957Bowling Green, KYEducation and training
Income$9.6m2023-06
Spending$9.3msame year
Spent / received94%4-year average
Size in its cause93rd pctEducation and training
Exempt since1999Publicly supported organisat
Employees79latest return

Analysis

Green River Regional Education Cooperative Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Green River Regional Education Cooperative Inc reported income of $9.6m and spending of $9.3m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $9.6m (+91%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Green River Regional Education Cooperative Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Village Charter School ($9.6m), Maureen Joy Charter School ($9.6m) and Trinity Christian Academy Incorporated ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $8.2m against liabilities of $1.5m, net assets of $6.8m. It reported 79 employees.

Income and spending

$0$2.4m$4.8m$7.2m$9.6m2020 Income: $5,027,3392020 Spending: $4,737,24020202021 Income: $5,673,0542021 Spending: $5,327,80020212022 Income: $7,463,4952022 Spending: $6,831,87220222023 Income: $9,582,0112023 Spending: $9,261,9142023
IncomeSpending

Where the income comes from

  • Contributions & grants 55%
  • Program services 44%
  • Other 0.7%

Similar-sized charities, same cause

CharityLocationIncome
Village Charter SchoolEwing$9.6m
Maureen Joy Charter SchoolDurham$9.6m
Trinity Christian Academy IncorporatedJackson$9.6m
Innovative Arts Academy Charter School IncorporatedCatasaqua$9.6m