Cognitive Development Society

Analysis

Cognitive Development Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Cognitive Development Society reported income of $68k and spending of $68k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $242k to $68k (-72%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cognitive Development Society sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Inside Out Recovery Inc ($68k), Stirrup Courage ($68k) and Cap for Kids ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. At year end it held assets of $231k against liabilities of $14, net assets of $231k.