Cottage 1886 Foundation Inc

Analysis

Cottage 1886 Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover unknown, 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 June 2023, Cottage 1886 Foundation Inc reported income of $107k and spending of $355k, spending 332% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $229k to $107k (-53%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cottage 1886 Foundation Inc 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 39th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Delaware County Historical Society ($107k), PTA California Congress of Parents Teachers & Students Inc ($107k) and Orenda Veterans Project Inc ($107k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $1.6m against liabilities of $460k, net assets of $1.1m.