Cottonwood Classical Foundation

Analysis

Cottonwood Classical Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cottonwood Classical Foundation reported income of $1.9m and spending of $1.2m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $932k to $1.9m (+103%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cottonwood Classical Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NM. Charities of a similar size with the same main cause include Scago Educational Facilities Corporation for Calhoun School Dis ($1.9m), Collaborative Effort to Reinforce Transition Success Inc ($1.9m) and Constellation Schools Eastside Arts Academy ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 47% of the total. At year end it held assets of $37.6m against liabilities of $37.7m, net assets of -$132k.