Cottage Ministries Inc

Analysis

Cottage Ministries Inc is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cottage Ministries Inc reported income of $130k and spending of $117k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $130k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cottage Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Iskcon of Charlotte Inc ($129k), Neshama Center ($130k) and Dna Global Network Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.4% of the total. At year end it held assets of $318k against liabilities of $174k, net assets of $144k.