Exchange Cooperative

Analysis

Exchange Cooperative is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Exchange Cooperative reported income of $127k and spending of $111k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $127k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Exchange Cooperative sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Interfaith Counseling Center ($127k), Korean American Catholic Charismati C Renewal Service North East Inc ($127k) and Onward Christian Education Services ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.