Sherman Oaks Cooperative Nursery

Analysis

Sherman Oaks Cooperative Nursery is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in April 1971, 55 years ago. 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, Sherman Oaks Cooperative Nursery reported income of $98k and spending of $104k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $98k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sherman Oaks Cooperative Nursery sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Association of Notre Dame Clubs Inc ($98k), Friends of the Abilene Public Library ($98k) and Parent Booster USA Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $183k against liabilities of $48k, net assets of $135k.