Cottonwood Point Inc
Analysis
Cottonwood Point Inc is a registered charity in United States, based in Augusta, KS. It received its IRS tax-exemption ruling in November 1994, 32 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 May 2024, Cottonwood Point Inc reported income of $945k and spending of $852k, spending 90% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $895k to $945k (+5.6%), an average of +1.4% a year. Over the whole period it spent 82% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cottonwood Point Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include Domus Incorporated ($945k), Epilepsy Foundation of East Tennessee ($945k) and Family Strides Inc ($944k).
On its Form 990 for the period ending May 2024, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $59k (7.0% of expenses). Other salaries and wages came to $209k. At year end it held assets of $808k against liabilities of $27k, net assets of $781k. It reported 19 employees.
Income and spending
Where the income comes from
- Program services 94%
- Other 6.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Domus Incorporated | Westfield | $945k |
| Epilepsy Foundation of East Tennessee | Knoxville | $945k |
| Family Strides Inc | Torrington | $944k |
| Tedys Team Inc | Plainville | $945k |