Cortland Reuse Inc

Analysis

Cortland Reuse Inc is a registered charity in United States, based in Cortland, NY. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Cortland Reuse Inc reported income of $151k and spending of $165k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $151k (-8.7%), an average of -8.7% a year. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cortland Reuse Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Rei Capital Access Fund Inc ($151k), Service League of Crystal Lake Inc ($151k) and Office Group ($151k).

At year end it held assets of $76k against liabilities of $6,064, net assets of $70k.