Cooperwood Equine Rescue

Analysis

Cooperwood Equine Rescue is a registered charity in United States, based in Cape May CH, NJ. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Cooperwood Equine Rescue reported income of $331k and spending of $340k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $25k to $331k (+1214%), an average of +262% a year. The sharpest change came in the year to December 2022, when income rose by 1081%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cooperwood Equine Rescue sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Mexico Missions Inc ($331k), Franklin N Flaschner Judicial Institute Inc ($331k) and Kiwanis Club of West Palm Beach Foundation Inc ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $124k. At year end it held assets of $1,052 against liabilities of $9,422, net assets of -$8,370. It reported 7 employees.