Cotton Charitable Foundation

Analysis

Cotton Charitable Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2022, Cotton Charitable Foundation reported income of $470k and spending of $233k, leaving 51% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $352k to $470k (+33%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 60% 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 Charitable Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Arch Street Meeting House Preservation Trust ($470k), Jewish Federation of the Bluegrass Inc ($470k) and Frenchmans Creek Charities Foundation Inc ($470k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 134% of the total. Other salaries and wages came to $91k. At year end it held assets of $1.5m against liabilities of $33k, net assets of $1.5m. It reported 1 employees.