Cooperatives for a Better World

Analysis

Cooperatives for a Better World is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, 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, Cooperatives for a Better World reported income of $5.1m and spending of $5.5m, spending 106% of what it took in. The sharpest change came in the year to December 2022, when income rose by 2024%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cooperatives for a Better World sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Queens Public Communications Corporation ($5.1m), Classical 98 1 ($5.1m) and Cincinnati Baseball Museum ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Other salaries and wages came to $361k. At year end it held assets of $387k against liabilities of $2,138, net assets of $385k. It reported 6 employees.