National Debutante Cotillion Foundation Inc

Analysis

National Debutante Cotillion Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 January 2024, National Debutante Cotillion Foundation Inc reported income of $122k and spending of $41k, leaving 66% of income unspent that year. Across the 3 years on record, from January 2022 to January 2024, income grew from $82k to $122k (+49%), an average of +22% a year. The sharpest change came in the year to January 2024, when income rose by 112%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Debutante Cotillion Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 22nd percentile within DC. Charities of a similar size with the same main cause include River Kourt Apartments ($122k), Hamptons Marathon Inc ($122k) and Walker Area Community Foundation ($122k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $229k against liabilities of $24k, net assets of $206k.