Kaitlyns Cottage Inc

Analysis

Kaitlyns Cottage Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Kaitlyns Cottage Inc reported income of $530k and spending of $522k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $530k (+747%), an average of +71% a year. The sharpest change came in the year to December 2020, when income rose by 400%. Over the whole period it spent 152% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kaitlyns Cottage Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Corporacion El Punto En LA Montana ($530k), Sandhills Crisis Intervention Program Inc ($530k) and Urban Indigenous Collective Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $282k. At year end it held assets of $1.8m against liabilities of $197k, net assets of $1.6m. It reported 21 employees.