Cottage in Darien Inc

Analysis

Cottage in Darien Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in January 2008, 18 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, Cottage in Darien Inc reported income of $129k and spending of $61k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $129k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cottage in Darien Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Andean Aid ($129k), Penny-Wise Charities Southwest Inc ($129k) and Cadillac Senior Center ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 36% of the total. At year end it held assets of $1.4m against liabilities of $430k, net assets of $1.0m.