Cooperation LA

Analysis

Cooperation LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2022, 4 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, Cooperation LA reported income of $491k and spending of $337k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $90k to $491k (+446%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cooperation LA sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Blue Springs South High School Jaguar Pride Band Parents ($491k), Colored Musicians Club of Buffalo New York Inc ($491k) and Itasca Community Television Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $140k (42% of expenses). Other salaries and wages came to $86k. At year end it held assets of $404k against liabilities of $204k, net assets of $200k. It reported 4 employees.