Cottagers Inc

Analysis

Cottagers Inc is a registered charity in United States, based in Oak Bluffs, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Cottagers Inc reported income of $145k and spending of $78k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $145k (+58%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cottagers Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Association for Reformed Ministries Abroad ($145k), Devotions for Growing Christians Inc ($145k) and Mrca Foundation Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.