Cottey College

Analysis

Cottey College is a registered charity in United States, based in Nevada, MO. It received its IRS tax-exemption ruling in June 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cottey College reported income of $22.6m and spending of $25.2m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.1m to $22.6m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cottey College sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Oxford Preparatory Academy ($22.5m), American Indian Model Schools ($22.6m) and Buffalo Academy of Science Charter School ($22.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $407k (1.6% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $127.0m against liabilities of $922k, net assets of $126.1m. It reported 422 employees.