Diverse Learners Cooperative

Analysis

Diverse Learners Cooperative is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Diverse Learners Cooperative reported income of $1.0m and spending of $728k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $158k to $1.0m (+535%), an average of +59% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Diverse Learners Cooperative sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Eagle County Junior Livestock ($1.0m), Highland Public Library ($1.0m) and District of Columbia School of Law Foundation ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $119k (16% of expenses). Other salaries and wages came to $320k. It paid $3,079 in professional fundraising fees. At year end it held assets of $627k against liabilities of $225k, net assets of $402k. It reported 10 employees.