Cooperative Aid Inc

Analysis

Cooperative Aid Inc is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Cooperative Aid Inc reported income of $260k and spending of $265k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,000 to $260k (+25903%), an average of +25903% a year. The sharpest change came in the year to December 2023, when income rose by 25903%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cooperative Aid Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Fundacion Manos Del Sur Inc ($260k), Friends of Naivasha Children Shelter Inc ($260k) and Bridging Hope Inc ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $50k (19% of expenses). At year end it held assets of $4,645 against liabilities of $9,100, net assets of -$4,455.