Community Cooperative

Analysis

Community Cooperative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $368k to $1.1m (+202%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Cooperative sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include Mount Hope Trust in Bristol ($1.1m), Shipibo-Conibo Center Inc ($1.1m) and East San Gabriel Valley Japanese Community Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $22k (2.1% of expenses). Other salaries and wages came to $9,519. At year end it held assets of $953k against liabilities of $525k, net assets of $428k. It reported 2 employees.