Cooperating Ministry of Logan County

Analysis

Cooperating Ministry of Logan County is a registered charity in United States, based in Sterling, CO. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Cooperating Ministry of Logan County reported income of $764k and spending of $644k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $764k (+72%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cooperating Ministry of Logan County sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Wetherill School ($764k), Akron Childrens Museum ($764k) and Back-To-School Clothing Drive Association ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $239k (37% of expenses). At year end it held assets of $944k against liabilities of $7,688, net assets of $936k. It reported 11 employees.