Cooperacion Santa Ana

Analysis

Cooperacion Santa Ana is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Cooperacion Santa Ana reported income of $1.7m and spending of $629k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $341k to $1.7m (+412%), an average of +412% a year. The sharpest change came in the year to December 2023, when income rose by 412%. Over the whole period it spent 33% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cooperacion Santa Ana sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include United Ways of Iowa ($1.7m), Able Works ($1.7m) and Rainbow Research Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $145k. At year end it held assets of $1.5m against liabilities of $48k, net assets of $1.5m. It reported 8 employees.