Cots Inc

Analysis

Cots Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in August 1998, 28 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 (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 2023, Cots Inc reported income of $1.6m and spending of $1.0m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $723k to $1.6m (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cots Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Bethesda House Corp ($1.6m), Housing Operations Management Enterprises Inc ($1.6m) and Affordable Housing Opportunities Matter Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 12% of the total. Other salaries and wages came to $314k. At year end it held assets of $3.3m against liabilities of $96k, net assets of $3.2m. It reported 13 employees.