Cottonwood Community Alternatives Inc

Analysis

Cottonwood Community Alternatives Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in June 1993, 33 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 June 2023, Cottonwood Community Alternatives Inc reported income of $10.9m and spending of $10.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.4m to $10.9m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cottonwood Community Alternatives Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Youth Development Institute ($10.9m), Encompass Early Education and Care Inc ($10.9m) and Exceptional Community Services Inc ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $179k (1.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $8.8m against liabilities of $630k, net assets of $8.2m. It reported 152 employees.