Cottage of Bartlesville Inc a Non-Profit Corporation

Analysis

Cottage of Bartlesville Inc a Non-Profit Corporation is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cottage of Bartlesville Inc a Non-Profit Corporation reported income of $587k and spending of $322k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $587k (+226%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cottage of Bartlesville Inc a Non-Profit Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include North Augusta Forward ($587k), Medical Home Plus Inc ($587k) and Christian Service Center Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $500. It paid $250 in professional fundraising fees. At year end it held assets of $742k against liabilities of $0, net assets of $742k. It reported 7 employees.