Cortview Village

Analysis

Cortview Village is a registered charity in United States, based in Cortland, OH. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cortview Village reported income of $436k and spending of $473k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $442k to $436k (-1.4%), an average of -0.4% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cortview Village sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Methodist Episcopal Senior Housing Inc ($436k), Princeton Community Housing Inc ($436k) and Ministry in Action Living Center of Lufkin Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $95k. At year end it held assets of $793k against liabilities of $162k, net assets of $632k. It reported 5 employees.