Cortland College Childrens Center

Analysis

Cortland College Childrens Center is a registered charity in United States, based in Cortland, NY. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Cortland College Childrens Center reported income of $957k and spending of $948k, spending 99% of its income. Across the 6 years on record, from August 2018 to August 2023, income grew from $952k to $957k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to August 2021, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cortland College Childrens Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Thea Bowman Center ($957k), Vincentian Ohio Action Network ($957k) and Nile Sisters Development Initiative ($957k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $515k against liabilities of $47k, net assets of $469k.