Cotuit Athletic Association Inc

Analysis

Cotuit Athletic Association Inc is a registered charity in United States, based in Cotuit, MA. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cotuit Athletic Association Inc reported income of $600k and spending of $736k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $600k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cotuit Athletic Association Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Javanon Soccer Club Inc ($600k), Maxwell M Corpening Jr Memorial Center Inc ($600k) and Main Beach Volley Ball Club ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 14% of the total. Other salaries and wages came to $101k. At year end it held assets of $451k against liabilities of $0, net assets of $451k. It reported 9 employees.