Whites Cottage Center

Analysis

Whites Cottage Center is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Whites Cottage Center reported income of $172k and spending of $172k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $165k to $172k (+4.5%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Whites Cottage Center sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Metro Housing Partnership Inc ($172k), Invictus Development Group Inc ($172k) and New Urban Community Development Corporation Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.