Debutante Cotillion and Christmas Ball Inc

Analysis

Debutante Cotillion and Christmas Ball Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Debutante Cotillion and Christmas Ball Inc reported income of $816k and spending of $685k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $842k to $816k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 1909%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Debutante Cotillion and Christmas Ball Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Camaraderie Foundation Inc ($815k), Local Health Council of East Central Florida Inc ($816k) and Liberty Womens Clinic ($815k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Other salaries and wages came to $128k. At year end it held assets of $1.5m against liabilities of $32k, net assets of $1.4m. It reported 1 employees.