Cottonwood Foundation Inc

Analysis

Cottonwood Foundation Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover human services, 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 Foundation Inc reported income of $644k and spending of $732k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $644k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cottonwood Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within KS. Charities of a similar size with the same main cause include Outreach & Escort Inc ($644k), Harrisonville Ministerial Alliance ($644k) and Sportsmen for Humanity ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $9.9m against liabilities of $4,883, net assets of $9.9m.