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The Cottage School Educational Resource Center Inc

RegisteredEIN 58-1484540Roswell, GAEducation and training
Income$8.9m2024-05
Spending$9.4msame year
Spent / received90%5-year average
Size in its cause93rd pctEducation and training
Exempt since1998School
Employees103latest return

Analysis

The Cottage School Educational Resource Center Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, The Cottage School Educational Resource Center Inc reported income of $8.9m and spending of $9.4m, spending 105% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $7.3m to $8.9m (+22%), an average of +5.1% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Cottage School Educational Resource Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Early Childhood Academy Public Charter School ($8.9m), New Life School ($8.9m) and Doral Academy of Northern Nevada ($8.9m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $411k (4.4% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $18.8m against liabilities of $9.1m, net assets of $9.7m. It reported 103 employees.

Income and spending

$0$2.4m$4.7m$7.1m$9.5m2020 Income: $7,300,6012020 Spending: $6,472,83420202021 Income: $8,358,2032021 Spending: $6,624,26420212022 Income: $9,463,7962022 Spending: $7,718,83920222023 Income: $9,114,9242023 Spending: $8,793,71620232024 Income: $8,912,8412024 Spending: $9,374,7562024
IncomeSpending

Where the income comes from

  • Contributions & grants 2.2%
  • Program services 92%
  • Other 6.0%

Similar-sized charities, same cause

CharityLocationIncome
Early Childhood Academy Public Charter SchoolWashington$8.9m
New Life SchoolNew York$8.9m
Doral Academy of Northern NevadaReno$8.9m
Community Education Association IncNewnan$8.9m