Charity Search / CO-OPERATE WNC
Community Improvement (S01) 990 on File

CO-OPERATE WNC

EIN: 83-2502638 · MORGANTON, NC 28680-0071 · United States · FY 2024 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$158K
Total Revenue
$100K
Total Expenses
$91K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.9%
Fundraising Efficiency N/A
Operating Reserve 10.88x
Liability-to-Asset 6.5%
Revenue Diversification 86.8%
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.9% 83.7%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
10.9 mo 11.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
6.5% 3.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
86.8% 92.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
140.1% 7.1%
P10P90
Expense growth
Year over year expense growth
116.5% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
36.5% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $158K $100K $91K 100.9%
2023 $66K $46K $33K 100.0%
2022 $46K $70K $14K 100.0%
2021 $127K $89K N/A 1
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Organization Details
EIN
83-2502638
State
NC
City
MORGANTON
ZIP
28680-0071
Classification
S01
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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