Cotton Electric Charitable Foundation

Analysis

Cotton Electric Charitable Foundation is a registered charity in United States, based in Walters, OK. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2024, Cotton Electric Charitable Foundation reported income of $86k and spending of $78k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $96k to $86k (-10%), an average of -2.2% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cotton Electric Charitable Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OK. Charities of a similar size with the same main cause include Wabc Radio Foundation Inc ($86k), Art 2 Heart ($86k) and Berean Bus Ministry ($86k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $68k against liabilities of $1,200, net assets of $67k.