Northwest Cooperative Development

Analysis

Northwest Cooperative Development is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 1987, 39 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 September 2023, Northwest Cooperative Development reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $736k to $1.5m (+102%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 56%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Cooperative Development sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($1.5m), Gallia County Agricultural Society Inc ($1.5m) and Humane Society of Dallas County ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $181k (14% of expenses). Other salaries and wages came to $574k. At year end it held assets of $1.6m against liabilities of $252k, net assets of $1.4m. It reported 17 employees.