Cottonwood Cattle Producers Inc
Analysis
Cottonwood Cattle Producers Inc is a registered charity in United States, based in Windom, MN. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Cottonwood Cattle Producers Inc reported income of $55k and spending of $57k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $55k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cottonwood Cattle Producers Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Working for a Purpose Foundation ($55k), Reidsville Outreach Center ($55k) and Center for Groveport Madison Human Needs ($55k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. At year end it held assets of $31k against liabilities of $90, net assets of $31k.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 79%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Working for a Purpose Foundation | Rincon | $55k |
| Reidsville Outreach Center | Reidsville | $55k |
| Center for Groveport Madison Human Needs | Groveport | $55k |
| Cherry Gardens Inc | Lancaster | $55k |